Advice needed - what to do with money from house sale?

What changes can we make to our lives to deal with the economic and energy crises ahead? Have you already started making preparations? Got tips to share?

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kenneal - lagger
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Post by kenneal - lagger »

I would be looking at what Mike Peplar and I have done; buy agricultural land/wood land and either live on it or near it. God ain't making any more new land!! If you can't work it yourself at the moment rent it out to give yourself a small income from the land (horses still pay quite well on small acreages and don't pollute the land too much).

Sell your current property if necessary and move to somewhere where you can buy both or buy some land and build on it or very near it.
Action is the antidote to despair - Joan Baez
darlaosborne

Re: Advice needed - what to do with money from house sale?

Post by darlaosborne »

ADVERT DELETED for home plans.
Last edited by darlaosborne on 10 Dec 2021, 07:43, edited 1 time in total.
kenneal - lagger
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Re: Advice needed - what to do with money from house sale?

Post by kenneal - lagger »

mccarthysharon wrote: 09 Dec 2021, 07:56 What about the option of building your own new home?
Welcome Sharon McCarthy???

For that you will need planning permission. It's easy to get if the land is within a built area or one zoned for housing but it will then be expensive and will probably be sold with an existing planning permission to bump up the price. If you buy land without planning permission outside a zoned area it will normally be either agricultural land or part of a garden of an existing house. If it is agricultural land you will usually have to prove that you can earn an agricultural wage plus a bit to pay for the building work. If it is part of a garden and outside an area zoned for building you will have a hard job getting planning.

If you have "loadsa monay" you can ask an architect to design a palace of architectural merit and you will probably get permission. You could try to get permission for a really well designed, modest, zero carbon home but that doesn't have the cachet in planners eyes that a monstrous palace does so you might have more of a fight on your hands. Money still trumps sustainability unfortunately!

If you're in Wales there is the TAN 5? route which clv has used to get permission. It involves a lot of self sufficiency and a bit of profit.
Action is the antidote to despair - Joan Baez
kenneal - lagger
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Re: Advice needed - what to do with money from house sale?

Post by kenneal - lagger »

darlaosborne wrote: 09 Dec 2021, 07:59 I have lived in the house I inherited from my parents, but unfortunately, I wouldn't say I liked their layout.
That can normally be changed with enough money thrown at it as long as it isn't a UK listed property.

And welcome, Darla.
Action is the antidote to despair - Joan Baez
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Re: Advice needed - what to do with money from house sale?

Post by Potemkin Villager »

kenneal - lagger wrote: 09 Dec 2021, 13:14
If you have "loadsa monay" you can ask an architect to design a palace of architectural merit and you will probably get permission. You could try to get permission for a really well designed, modest, zero carbon home but that doesn't have the cachet in planners eyes that a monstrous palace does so you might have more of a fight on your hands. Money still trumps sustainability unfortunately!
Yes the property porn progs on the telly are full of this sort of grandiose nonsense.

Usually odiously smug wallies with a million or so to spend on their "dream". What they all seem
to end off with is something ugly, pretentious and with all the charm of an airport waiting area.
Overconfidence, not just expert overconfidence but general overconfidence,
is one of the most common illusions we experience. Stan Robinson
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