10:15 AM, 8th February 2015, About 9 years ago 16
Are there any issues I should be aware of as I plan to split the freehold of a shop and flat (separate entrance) into two leases. The aim is to immediately remortgage the flat as a B2L and get it rented out. I complete the purchase on 25th Feb and need to get loans paid back mega quick!
My planning experts have confirmed its in Permitted Development area so the Planning Department request has already been submitted for the shops conversion back to a flat.
Oh and I plan a 3rd floor extension as soon as the 2 flats are sorted …