Rob discusses the exciting changes in the property industry following the UK autumn budget. The Chancellor announced reforms to streamline the system, including a new permitted development right that allows one house to be converted into two homes without the need for full planning permission. This game-changing development opens up new opportunities for property investors and developers to increase housing supply and potentially make significant profits.
"Massive, massive, massive changes coming up in property."
"You're now going to be able to just convert one of them through permitted development, rather than go through full planning."
"Now I've got permitted development to do that, then actually, I might be able to certainly increase the value of the home, but I could be able to double my rent here."
"And the minute that comes into place, then that is going to make a big difference moving forward."
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
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