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House Price Crash Forum


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About getdoon_weebobby

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    HPC Veteran

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    belfast, northern ireland

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  1. Looking at a site OPP granted Dec-17 FPP application submitted 26.08.20 FPP granted 05.01.21 (developers generic 4 bed house) Negotiating a price with owner of land subject to getting approval for his generic build to be further back in the infill site which we will submit at our expense(£866) if this all worked out we would then submit our own building plans say by year end with our own architect in the further back position in the site. am I correct in thinking that all these submissions / approvals / building foundations would need to be done by Dec-22 (five years f
  2. Where I am is I like the site but would prefer if it stood further back than the current planning. Thinking do I make an offer of £x basis subject to approval of the current house design being approved further back and we pay for the re-siting (think it’s £433). that way we know the site is approved for further back but we don’t know that we definitely get our own design approved in the position of the generic house. However it’s an infill site and everything I’ve heard from planning / architect is shouldn’t be an issue getting plannng for 3500 sq fr house on the site of this already app
  3. The architect who suggested I submit the same plans but re-sitted further back is the same architect who drew up the generic plans for a 4 bed house for the site owner to stop his OOP running out after three years. So he’s talking with me and the site owner so I think agreeing a price subject to planning could be feasible. However I think there is no way the seller would wait around for us to decide from scratch what design we actually want as that’s bound to take us 6 months (want to go 80% passivehaus). therefore there could still be a risk we agree sake basis getting the existing
  4. So the house has planning approved for a very generic house. So I put in an offer of £x subject to planning being approved to re-site the house further back in the plot ? Sounds sensible. I will still thereafter have to submit plans again for our own design assuming that it will also be approved on the further back footprint.
  5. Spoke with planning and also architect. Planning person I spoke with say placing house behind neighbours probably wouldn’t be approved. However Architects opinion is to submit plans again for the generic house , but situated further back. His opinion is this is only way to know for sure and he can cite a local example of infill site that was just approved further back than the neighbours either side (I actually know the house in question). Would mean us paying £433 to resubmit , without us even owning the site ! Thoughts !?
  6. https://www.propertypal.com/15-seaview-drive-north-portstewart/688228?utm_source=EmailAlert&utm_medium=email&utm_campaign=&utm_content=propAddress https://www.propertypal.com/63-strand-road-portstewart/684590?utm_source=EmailAlert&utm_medium=email&utm_campaign=&utm_content=propPhoto
  7. I’m not saying it would be the right call but if ever there was a time for a long term fix in the last 15 years it’s now . Still an inflation debate going on but def potential for a long term change in trajectory of inflation .
  8. What’s the running total now?
  9. Our house was bought off bank in early 2012 for 62.5% less than developer was asking in 2007. Prob now worth 80-85% more than we paid. But still it’s at 30% below what developer was asking.
  10. Thanks for all the good advice. Too much to reference individually but plenty of parts from everyone that has kept me thinking. I know the site sold in summer 2020 “at a knockdown” as that was last chance for an owner to shape the FPP. As it was OPP before then. In the end fell through and landowner quickly paid and submitted FPP for generic 2500 sq ft 2 storey house. agree with BelfastVI I do view site if bought at 100k as say 25k for the 5k land and 75k for the 1k building plot I’ve met onsite with the local architect who designed the house and asked many questions . I guess t
  11. I can remember circa 2008 there were 400+ properties on property pal for Portrush/Portstewart
  12. Thanks Satsuma is there any good graphic to how the average cost of house building in NI has risen over time ?? im working off a guesstimate of it costing £100 per sq ft for the build suddenly a £100k site and £350,000 build for a 3,500 sq ft house sounds a lot ......
  13. Bringing this post back after nearly a decade !! We are still on the search for a site. Have observed from a distance what has come on the market for all these years. Very little seems to ever become available due to the planning laws and this includes constantly watching for not just sites but also old homes you could tear down and build on. Have viewed a site with architect which I’ve known about since 2018. owner of land to keep the OOP planning got FPP on a generic house for the site last year. Owner will eventually build the house if the site doesn’t sell. Pros
  14. Ok bear with me.... yes we know there is there is a lot of pain to come paying back the debt , furloughed become unemployed , economic shock of no deal and also Covid is going to get ugly in Jan...But... Obviously no deal Brexit is going to be a short/medium term hit to economy. But..... Don’t know if this has been fully grasped at this late stage esp by the average punter in GB but in a no deal Northern Ireland retains tariff & quota free access to the EU market (not just Ireland) while the rest of the UK does not. If you manufacture a product in NI you continue to export t
  15. Some of the house prices near me (BT9) and up on the north coast where we have a caravan seem daft. A two bed apartment just sold beside me for the price we paid for our 5 bed next door in 2012. We rented from 2007 even tho we could buy. inventory does seem light in both BT9 and North Coast etc. https://www.propertypal.com/second-floor-apartment-rinagree-portrush---townhouses-apartments-portrush/668728 In Portrush this final part of the development put three townhouses online at 230-260k on Sat and were reserved by Sunday! I understand stamp duty holiday and low inte
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