Although the land purchase will be the major cost, don't forget: Stamp duty land tax (which will be based on the value of the parcel of land) Solicitors’ fees Land Registry fee (which will be based on the value of the parcel of land) Search fees (the cost of these may vary slight...
They put the offer in for the land in the July but it took until the following January for the mortgage to be approved and the land purchase to go through. During that period they had spent around £20,000 on the project and were living with the risk that the vendor could walk away...
The very first time was off a pier in Tarbet, Scotland where the fish were so easy to catch the whole sport seemed rather pointless. Drop in the line, watch while the mackerel came up to check out the bait, jerk the pole (Note: This is called ‘striking’ – write that down kids!)...
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The right to build legislation came about in the UK in 2016, which made it compulsory for local authorities to keep a register of people interested in buying plots of land, and ensure that they had that same number of plots available to purchase within three years. We're now at that poin...