From NIMBY to YIMBY
“Not everyone wants to exploit the development potential of their own home, but a change in personal or financial circumstances may be reason enough to explore the latent opportunity – in your back yard, so to speak – more closely.
“In recent years, we have dealt with sites where the owners have been looking to reduce their garden to a more manageable size as they age and find it more of a challenge to maintain. Others have sought to sell part of their property to generate capital – that is generally exempt from tax – to reinvest in their house or develop other redundant outbuildings.
“There are lots of possibilities and lots of implications to consider.
“At Fenn Wright, we are particularly good at identifying suitable opportunities because we put the expert minds of our surveyors together with the market knowledge of the new-build homes sales team to think creatively about the technical and commercial viability of the plot. And by working in collaboration with local architects and planning consultants, we help our clients pursue schemes that have the best chances of getting planning permission, and have the potential to create the most value from the site. All with an eye on protecting the appeal of any retained property too.
“So, if you think you may be sitting on some potential development land, be it for a single house or sixty new homes, please get in touch for a no-obligation chat about how we may be able to help you explore your options.”