Rights, Leaseholders and Permitted Development

Who owns the airspace and the consents you must obtain

Airspace schemes fail when beginners spend money on drawings for a scheme they were never entitled to build, and this book makes sure you ask the right questions at the start, in the right order. It begins with who owns the airspace, a question that sounds simple and rarely is, then covers the planning routes, including permitted development. You will see why airspace generates more contracts, and more delicate ones, than almost any other strategy, because you are building on a structure other people live in and may part own. The book explains your insurance and safety duties when building above existing residents, and how structure and tax can move the final profit enough to decide whether the scheme was worthwhile. A compliance checklist sets out the sequence, because in airspace the order matters as much as the items, and the final chapter gives an honest account of what legal carelessness costs. Next in this series: “Repeating Airspace Schemes”.

What’s inside

• The legal framework in plain English
• Permissions, licensing and planning
• The contracts, and what must be inside them
• Insurance, safety and your legal duties
• Tax treatment and choosing a structure
• Your compliance checklist
• Getting this wrong, what it actually costs

Educational material only, not financial, legal or tax advice. Results are not typical and are not a guarantee of income. Freedom Property Academy LTD, registered in England and Wales.