"Peter Taylor" wrote in message
...

"IMM" wrote in message
...

"Peter Taylor" wrote in
message
...

"Peter Crosland" wrote in message
...
What do you think my chances are?

Two chances really: slim and none. Current planning guidance from
central
government is that there should be no new development outside the
development limits or in open country. Go and take a look at the
local
plan
for details that is available at your local council offices.


Good advice. And also don't forget Capital Gains Tax. If you build
this
additional house and sell one of them you'll have to pay 40% of the
proceeds to
IR.

40% maximum, there are ways of reducing that

Please explain

There are a few web site around explaining it (the IR may have it on theirs)
If you have occupied the house for x number of years the rate goes down,
etc, etc.