A1TERRIER Posted January 11, 2020 Share Posted January 11, 2020 Hi All, I'm looking at purchasing a HMO which has the following note in the description; In article 4 area but has grandfather rights. Council are happy to give a license for 5 bed HMO Formerly 2 flats and a smaller HMO, due to grandfather rights no planning permission was necessary to convert to 5 bed HMO If i were to buy this property would the grandfather rights be transferable to me as the new owner or would they end and i potentially may need to seek planning permission for the 5 bed HMO? Any help and advise much appreciated. Thanks Link to comment
Matthew Webster Posted May 4, 2020 Share Posted May 4, 2020 I am not 100% sure but I think the grandfather rights will apply to the property as opposed to the owner of the property at any given time. A quick call to the local council should help to clarify and possibly your solicitor too. Post back and let us know how the call went. Hope this helps, thanks Matt Link to comment
Simon Allen Posted May 7, 2020 Share Posted May 7, 2020 Don't always rely on a license to justify planning is OK. Two different council departments that don't speak to each other. if you are getting lending you have to prove to the lender through your solicitor, that it's been operating continuously as an HMO since A4 came in. That can be difficult and is down to the vendor to provide that to you. Regards Simon Searchlight Finance Ltd T: 01565 654005 Landlord and specialist property finance advisor dealing with portfolio landlords and developers throughout the UK and beyond. Buy to Let - Commercial Finance - Bridging Loans - Development Finance - HMO Finance - Refurbishment Loans - Multi Let - Limited Company - Student Lets - Portfolio Finance Make an Enquiry Link to comment
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