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Jun 14, 2023 · You will pay more up front for a serviced plot versus an equivalent blank site without utilities, access and planning pre-agreed – as you’re essentially paying the premium for someone to do these works for you.
Jun 16, 2020 · What is a serviced plot? It’s exactly what it sounds like — a plot that’s ready to build on. That means it already has the utility connections – water, gas, electricity and mains sewage, high-speed broadband and telephone – as well as access from the highway.
Jun 12, 2020 · When it comes to finding the perfect building plot on which to build your own house, there is a lot to consider, from planning potential and access issues through to ground conditions, the physical characteristics of the site and the practicality and expense of bringing services to site.
- Carry out thorough inspections. Viable plots are precious commodities, and much like hunting for the perfect new house, it can take time to find the good ones.
- Does the plot have planning? A valid planning consent is central to the value of any piece of land. All the stakeholders involved in your project (principally your lender, their surveyors and then your legal advisers) will want this to be transparent and absolute.
- Financing a plot purchase. Lending on land is not straightforward. The value arising from planning consent is temporary, and only becomes tangible once all conditions are discharged and a material start has been made on site (eg foundations installed).
- Mortgage requirements. A self build mortgage application must include detailed information about the build to demonstrate to the lender that you’ve thought through costs.
May 28, 2021 · What are Serviced Plots? Increasingly, local authorities or private companies bring plots to the market with the service roads and sewers already in. These are serviced plots and in many cases service supplies will be connected into the plots, although connection charges may still be required.
As a general rule, it’s not advisable to buy a plot without planning permission, unless the purchase is ‘subject to achieving satisfactory consents’, which means you won't have to pay for the plot unless your planning permission is approved.
People also ask
Should I buy a serviced plot or a blank site?
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Nov 28, 2018 · The serviced plot approach works best where there are multiple sites to deliver. This allows the landowner to access some economies of scale while simultaneously reducing the risk for the buyer. There are other benefits for the vendor, too, such as the ability to be able to retain some control over the look and density of the development.
We have small freehold plots of Land in England starting from £2000. Land from £2000. Free Summary Of Land That We Have Available In England