If you are currently scouring the real estate market in the United Kingdom for a good historic property deal, you might want to temporarily halt your search and consider the following things prior to making a purchase. The United Kingdom takes pride in its history, and one way to show this is their determination to preserve relics of Britain's past through the บ้านมือสอง กรุงเทพ establishment of agencies such as English Heritage, Historic Scotland, and Cadw. Purchasing historic property, especially if it is listed, automatically requires you to comply with certain rules that aim to preserve your historic property of choice. Non-compliance would usually result in lawsuits and heavy fines so better not risk it and start by minding the five tips listed below:
Determine if it's a Listed Property
You should determine whether the property you are eyeing is listed or considered "of heritage interest". This is important because if the property is listed, then you are automatically forced to comply with certain preservation and maintenance requirements by the local planning authority once you become the new owner. Properties with "interest" status, however, are recognized for their architectural, historical, or aesthetic value but are easier to renovate, modify, or maintain without much intervention by the local planning authority in your area.
Know the Local Planning Authority and DCLG
If you are about to purchase a listed historical property, then it might be a great idea to head to your local planning authority's office (there are many such agencies covering various designations in the entire UK) to determine its grade, the restrictions, and the maintenance jobs you are supposed to conduct as the new property owner. For large-scale work, the Department for Communities and Local Government may be involved, so it is a great idea to know the background of the property as well as the people you might consult with once you proceed with the purchase and renovation/maintenance work.
Why You Might Need a Listed Building Consent
Local planning authorities acknowledge the principle that listed buildings are to be protected while they are put to good use, so certain modifications may be needed. However, renovations, modifications, or expansions of any sort cannot proceed without a Listed Building Consent. It is advisable to acquire this consent prior to making any form of modification to avoid prosecution (since unauthorized works on a listed building are considered a criminal offence) and the added expense of reversing the changes back to its original state.
Consider the Potential of Reselling
Since there are more rules to abide by when purchasing a historic property, real estate investors might not resell such properties as easily as regular properties. Therefore, it is ideal to purchase historic properties only if you intend to live in it or to include it in your portfolio of investments. However, if you intend to penetrate the buy-sell trade of historic properties, it is imperative for you to know your way around acquiring, renovating, maintaining, and transferring such properties before proceeding with the actual business.
To List, or to Delist? That is the Question.
Many owners of historical properties strive to have their possessions listed, as this will drastically increase their market value. However, there are those who are happy with living at a home with stories to tell and would want to have more flexibility with modifying their home. Whatever your stand may be, know the ins and outs of listing and delisting historic properties as it can help you acquire your favored property in the most comfortable and reasonable way.
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