The Property Nomads Podcast Rob Smallbone & Aaron Devoy

Planning and obtaining planning permission can be a complex and ever-changing process in the property industry. In this episode, Rob delves into various aspects of planning, including permitted development, planning permission, Article 4 directives, and listed building consent.

KEY TAKEAWAYS


Planning and obtaining planning permission can be complex and ever-changing, so it is crucial to surround yourself with the right power team, including an architect and a planning consultant.
Different scenarios require different levels of permission, such as planning permission, Article 4 directives, or listed building consent, depending on factors like whether the property is in a conservation area or a listed building.
Permitted development allows for certain types of construction without planning permission, such as rear extensions, loft conversions, and adding porches, sheds, or garden rooms.
Specific rules apply to different types of developments, such as height restrictions, materials used, and proximity to boundaries, which may determine whether planning permission is required.
It is essential to stay informed about the latest rules and regulations in planning, as they are subject to change, and to consult with professionals to navigate the process effectively and maximise the value added to the property.

BEST MOMENTS

"Surround yourself with the right power team. In this case, that would be an architect, a planning consultant potentially, also even speaking to your local council."

"If you own a listed building, then you are going to need to apply for both listed building consent and quite often planning permission to go with that project."

"Building a rear extension, very popular. That can be done through permitted development, or it can be done through planning permission."

"Adding a shed or garden room. So again, people, because of the way home offices have been done in the last few years, they have been putting big garden rooms in their garden."

"Always get the right power team. So get your planning consultant in, get your planning your architect and your planning consultant, have a word with the council if you can."

VALUABLE RESOURCES

https://progressivepropertyreferral.com/live-multiple-streams-of-property-income-peterborough-21-05-24/AMB4692

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL  
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob looks at the upcoming general election in the UK and its potential impact on the property market, focussing on the issue of rising house prices outpacing wage increases, making it difficult for many to afford homes.

He delves into the promises made by political parties regarding housing, such as building more homes and overhauling the planning system. However, the lack of concrete plans and the turnover of housing ministers in recent years raise concerns about the effectiveness of these promises...

KEY TAKEAWAYS


Housing market facing challenges with high demand and limited supply leading to increased prices.
Lifetime ISA limit of £450,000 since 2017 may need to be increased to align with average house prices.
Both major parties, Labour and Tories, have pledged to build 300,000 new homes a year but have not outlined specific plans to fix the housing market.
Expectations of a rate cut in August for cheaper mortgage rates may not materialise as interest rates are predicted to rise due to inflation.

BEST MOMENTS

"It's important to look at what is likely to be said in the manifestos, but also how that could then potentially impact housing in general."

"One thing that various people have brought in over the years is the Lifetime ISA. And that has helped people to contribute to purchasing a home."

"Overhauling the planning system, again, that's been in the pipeline, I think, for a very, very long time, no matter who's been in charge."

"Too many rail ministers and you wonder why things aren't really progressing at all."

"Don't fall for the promises. Don't fall for all that mumbo jumbo. In a nutshell, the supply of housing needs to be dramatically increased."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline 

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL  
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob discusses the impact of government interventions in the housing market, particularly focusing on second homes in Cornwall. He highlights how policies aimed at deterring second home buyers, such as increased stamp duty and council tax rates, may not be effective in addressing the housing issues in the region. 

KEY TAKEAWAYS


Government interventions in the housing market, particularly targeting second homes, are negatively impacting areas like Cornwall.
Despite efforts to deter second home buyers through increased taxes, the social housing waiting list in Cornwall continues to grow.
MPs in Cornwall are hesitant to build new homes due to concerns about lowering house prices for locals, leading to a shortage of affordable housing.
Policies aimed at second home owners, such as doubling council tax, may not be effective in deterring those who can afford second homes.
The unintended consequences of housing policies in Cornwall are causing rents to rise, making it even more challenging for renters to save for their own homes.

BEST MOMENTS

"Cornish MPs don't want to build new homes. They're worried this would push down house prices for locals who already own homes in the area."

"Tourism, though, is very, very important for Cornwall. I don't know the stats on how much it brings in per year, but you would imagine that it is a significant amount."

"I would recommend go and read the article because it then goes on to talk quite a lot about South Wales as well, which is quite interesting."

"Just another example of something that in theory sounds good, but in reality and in practicality, it has a complete different effect."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline 

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL  
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob looks into the ongoing British rental crisis, highlighting the decrease in listing times for rental properties and the high demand for homes. He delves into the reasons behind the lack of available properties, such as government tax changes affecting landlords and uncertainty in the market, emphasising the importance of understanding economic fundamentals in the property market and reiterates the need for sustainable housing policies to address the crisis.

KEY TAKEAWAYS


The British rental crisis continues due to high demand and lack of available properties.
Two-bedroom rental homes are now listed on average for 25 days, 10 days less than before the pandemic.
Landlords are selling properties due to tax changes and uncertainty in the market, leading to a decrease in available properties.
The conservative target for new homes is 300,000 a year, but only about 210,000 are being built, contributing to the housing shortage.
Understanding economic fundamentals in housing is crucial for investors to navigate the current market challenges.

BEST MOMENTS

"The big British rental crisis continues... renters are in races for homes as listing times are slashed." 

"Landlords have had the rough end of the stick... quite a lot of landlords have been looking to sell up." 

"Scotland likes to shoot itself in the foot... Actually, to be fair, most of the UK does."

"Everyone warns about danger ahead... there's not enough supply coming to the market." 

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/homeandproperty/how-cornwall-s-crackdown-on-second-homes-backfired/ar-BB1mmFWU?ocid=winp2fptaskbar&cvid=5dec6af5503849e3a3bb1dae3f11ebf2&ei=6&sc=shoreline 

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL  
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob discusses the controversial topic of selective licensing, looking into the implications of selective licensing on landlords in certain areas of the UK, particularly in England. The episode highlights how selective licensing can be seen as a cash generator for councils, creating more bureaucracy and expenses for landlords. 

KEY TAKEAWAYS


Selective licensing is a process where landlords in certain areas are required to obtain a license for each property, leading to additional costs and bureaucracy.
The implementation of selective licensing can result in councils having more power and potentially targeting good landlords for fines and penalties.
Selective licensing can deter landlords from investing in certain areas, leading to a decrease in available rental properties and potentially driving up rents due to supply and demand.
The scheme of selective licensing should ideally be non-profit to ensure that the income matches the outgoings.
It is important to be cautious and aware of selective licensing regulations in the areas where you operate as a landlord or property investor.

BEST MOMENTS

"Selective licensing is not a good thing. It gives councils too much power."

"Selective licensing is another way to bash landlords. It's another way to put a cost of business on the landlord."

"The challenge with selective licensing is what it can do is it gives the councils more power and then they will exacerbate that power."

"If landlords start selling up and first-time buyers start buying, or landlords sell up and there's no other landlords to buy, then the amount of stock available goes down."

VALUABLE RESOURCES

https://www.bbc.co.uk/news/articles/cxr33l9dx0yo 

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL  
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob discusses the Village Green Protection Law, dating back to 1857, and its impact on property development in the UK. The law allows certain areas to be designated as village greens, preventing any development or enclosure on the land. The episode highlights how residents are using this law to halt developers from building on specific plots of land, creating obstacles for increasing housing supply. 

KEY TAKEAWAYS


The Village Green Protection Law, dating back to 1857, is being used by villagers and individuals to prevent developers from developing land.
In order for land to be designated as a village green, it must have been used for sports, pastimes, and recreation for at least 20 consecutive years.
Developers need to consider the Village Green Protection Law when looking at land for development, as more people are seeking to designate areas as village greens.
Examples of the law being used include blocking a housing development in Bristol and designating a plot near a supermarket in Ashford, Kent, as a village green.
Once land is designated as a village green, it cannot be developed or enclosed, regardless of ownership.

BEST MOMENTS

"It pretty much means that that land is not able to be developed on. No matter who owns it, you are not allowed to develop on it, nor are you allowed to enclose that land either."

"You're in an area where you don't want development to happen. You're a nimby, as they say, not in my backyard. You don't want developments to happen. You want to be able to protect it somehow."

"If you are a developer and you're developing something or you're looking to develop something, you're going to have to now be aware of this law, the Village Green Protection Law from 1857."

"Purely because once something is designated as a village green, it cannot be developed or enclosed. Regardless of who owns what, it cannot be developed on."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline 

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS 

Property FAQs = https://amzn.to/3MWfcL4  

Buy To Let: How To Get Started = https://amzn.to/3genjle  

101 Top Property Tips = https://amzn.to/2NxuAQL  
uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast