For clients within Local Planning Authorities (LPAs) with a five year housing supply issue we are reappraising land’s potential and identifying sites that would not, under Local Plan policies, have come forward for development at this stage. It may be a short-lived opportunity, given that the LPA can close the loophole by allocating more land or approving one large application which may plug the gap.
In terms of Permitted Development Rights (PDRs), we have not seen as many applications as predicted. This is surprising as one would have thought that confirming a development would be advantageous even if it was later altered to a more intensive use via a planning permission.
In terms of value creation, when one comes to sell a barn with PDR approval our view is that the value is very much the same as the same development via a Planning Permission. However, as there is less knowledge and experience of PDRs in the various professions involved in a sale the process can take considerably longer. Some clients have therefore followed up a PDR approval with a planning permission avoid complications in the sale process.