Costs involved when building a house?

[ICEQUEEN20]

My Brother wants to build a 3 bed detached house on some land our Mother owns (about an acre). It used to be green belt land, but I think they have relaxed the planning on this now. I dont think he realises the amount of costs involved, I said he is looking at about £150k plus to build.....there is bound to be other thousands of £ worth of hidden costs too? Also, it will be left to us jointly (me and him) if anything happens to mum. What happens if he has built a house on it?? Where do I stand.....

[The Builder]

I'm just wondering, if the land is valued at 250k, then I guess it has at least Outline Planning Permission?
Even I know that what Barmaid has said is so true. It's going to be a struggle to come up with a fair division......... one that your brother will agree to.

As was said, an acre is a big plot. Half an acre is also more than enough. Why not go back to the Planners with a proposal to have PP for two detached houses. From a Planning point of view, it shouldn't be a problem. Agree with your Mother that you should each be gifted a plot each. He can do what he like with his, and you can sell or keep your plot.
I think that would prove to be much less of a problem legally.

[Mick-Talbot]

£150k plus to build



that would be a very nice sized house

[BRIGHT SPARK]

Get the planning consent first then sort out the legal side.

[ICEQUEEN20]

He has not applied for planning yet! I would hate to live in that area, too remote. PLUS I already have a big house and mortgage to go with it ! So could not afford to stump up any money....

[razza]

The building cost is approximately one third of the worth of a finished house.

[BRIGHT SPARK]

IQ....you wont need any money..apart from the planning fee.If you get consent and do as The Builder says you could sell your plot for £125k.

[LoftyLottie]

Please take Barmaids advice. She is legally qualified. I have been in a similar situation and believe me it is very, very, very complicated.

[bushbaby_de]

I am concerned at The Builders advice that planning permission shouldn't be a problem for two houses instead of one. Just because one house gets PP doesn't mean two would. It actually sounds like you have permission for no houses anyway. Your comment about green belt worries me too - greenbelt doesn't tend to get de-allocated. I can help with some planning advice if I have more info (I'm a Town Planner)

[Postdog]

You're jumping the gun cos first he has to have permission to build for which he has to provide plans, which cost irrespective of whether permission is granted. Then you have to consider how much it will cost to put utilities like gas water and electric on the plot.

Also, if it's your mums land, then ultimitely you are likely to lose out of HE builds on it, as he will either have to buy it from her OR it will reduce your inheritence because only a bit is left to share. If she gives him it, she is effectively passing you over.