Posted on 7 June 2010 by Helen
We are thinking about buying a newly built commercial property that has not been fitted out & converting this into a self contained residential property. We live in the North East of Scotland & wondered if this is allowed or if there are any restrictions to its intended use?
Planning in Scotland is essentially a local function and the planning authority in your local area should be your first point of contact for all planning applications and enquiries.
The Scottish Government website has the contact details for all Local Authorities at the following website:
Without the necessary planning consent for a change of usage you will find that Lenders will not consider a mortgage application from yourselves. Even if you do get permission, it will still be up to the Lender's valuer to determine whether or not the property provides adequate security for a residential mortgage.
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