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Podcast: The Property Nomads Podcast
Episode: Big Changes Planned For Permitted Development Rights
Description: Rob talks about the big changes that are planned for permitted development rights and how they will impact the commercial property sector. This episode provides valuable insights into the potential changes in the commercial property sector and the opportunities they may bring. KEY TAKEAWAYS Proposed changes to permitted development rights in the commercial property sector could create new opportunities for acquiring land and converting buildings into residential units. Changes to Class MA could potentially double the floor space limit or remove it altogether, allowing for the conversion of larger buildings such as department stores. Hotels (currently...