That's clever, because its awkward enough in an apartment to meet the change rules. I was thinking if I was in OP's situation I'd try to add a room or an en-suite, increase the Ber, maybe widen doors and that would cover the three things required, but never thought of combining rooms !We have taken out a bedroom, physically removed the wall. Replaced the kitchen, bathroom and a lick of paint. Problem solved. 1 bedroom apartment a current market rates is better than a two bedroom at rates from 25 years ago.
You're likely to face a further challenge in an apartment situation that you may not be permitted carry out such works without explicit consent as you don't own structural elements.hat's clever, because its awkward enough in an apartment to meet the change rules. I was thinking if I was in OP's situation I'd try to add a room or an en-suite, increase the Ber, maybe widen doors and that would cover the three things required, but never thought of combining rooms !
This is a fair point - if the home is going to be vacant even if the last rent was 50% of market asking prices you are still looking at a year of no rent, plus whatever costs associated with vacancy are.I know a landlord and his tenants were awarded a social house after years on the council list. Tenants left within a few weeks and he decided to do a major refurbishment as the rent was well below market rents for the area. It took months to source builders and complete the work. RTB said the works didn't meet the rules for a substantial refurbishment so he left it empty for a further 6/7 months then let it at market rate. I think his insurance policy was also more expensive while it was empty.
He said he was sorry he hadn't done a typical new tenancy repainting, new flooring, beds etc and re-let it within 3 months, as it would take him years to recoup the cost of the refurbishment plus the loss of 2 years rent.
Also technically would have a problem with planning if you want to sell in the future as the property would not be as the original PP describedYou're likely to face a further challenge in an apartment situation that you may not be permitted carry out such works without explicit consent as you don't own structural elements.
Would that be a problem if only the internal layout was changed?Also technically would have a problem with planning if you want to sell in the future as the property would not be as the original PP described
You generally don't need planning permission to change the internal layout of a property, though en engineer's report on compliance with planning & building regs will be required.Would that be a problem if only the internal layout was changed?
I know someone who changed the layout in an older house to combine a tiny kitchen and dining room to an open plan room. They also combined the separate WC and bathroom. They didn't need PP but it was a house tbf.
RTB won't be concerned with this however.further challenge in an apartment situation that you may not be permitted carry out such works without explicit consent
Does this apply in a house sale too? Because I sold a house where the layout was completely changed, broke wall to make downstairs room part of kitchen and a granny flat conversion of garage.You generally don't need planning permission to change the internal layout of a property, though en engineer's report on compliance with planning & building regs will be required.
If selling to a buyer seeking finance then the banks's have gotten a lot stickier on this in recent years. I bought one ~3 years ago where an internal wall was removed to create open plan kitchen diner and the bank insisted on a cert of compliance.Does this apply in a house sale too? Because I sold a house where the layout was completely changed, broke wall to make downstairs room part of kitchen and a granny flat conversion of garage.
I had to provide a cert for similar when we were switching mortgages.If selling to a buyer seeking finance then the banks's have gotten a lot stickier on this in recent years. I bought one ~3 years ago where an internal wall was removed to create open plan kitchen diner and the bank insisted on a cert of compliance.
How would the bank know the wall had been removed?If selling to a buyer seeking finance then the banks's have gotten a lot stickier on this in recent years. I bought one ~3 years ago where an internal wall was removed to create open plan kitchen diner and the bank insisted on a cert of compliance.
You have to declare if any structural changes have been made. I guess you could say no but that's fraudulent. It cost us a couple of hundred for the cert and we would need it if we ever sold. I would always advise anyone to get one at the time of the works.How would the bank know the wall had been removed?
I hear they are asking for confirmation on most purchases these days, the only alternative is the person they sent to value the property told them the floor plan didn't match that on the planning permission.How would the bank know the wall had been removed?
We considered it before but felt that we would not be in an easy situation to buy and sell at the same time. The cgt is not a major consideration. It would actually be a good thing as we would have very little cgt due currently.Above someone said you would give up 30k rent.
Have you done the numbers on how much selling and buying would cost you? (Finding one that was not rented).
I suppose CGT and stress might make this not a runner.
Is it easy to get the permission or can someone carry on without it?Is the property in an area that might get PP for airbnb? There are companies who can look after day-to-day management of keys, guests, linen and cleaning on behalf of owners.
This is a fair point - if the home is going to be vacant even if the last rent was 50% of market asking prices you are still looking at a year of no rent, plus whatever costs associated with vacancy are.
Most people I know who have done this just moved in their large adult daughters. Except of course they too may refuse to move, but you technically can charge them rent & I don't think RTB applies if letting to family members
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?