Imminent news on Permitted Development Rights? (Office to Resi)
By Steve LevertonDevelopment FinanceWe have a couple of cases where developers have found delays in the purchase of Office (B1a) accommodation with a view to conversion to C3 Residential are now putting developments at risk. Under the slightly controversial PDR introduced in 2013, developments can go ahead as long as the property is ‘is use’ by May 2016. For some
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