Holiday Let Valuation with Planning Risks in North Wales | Bank Case Study

We were asked to value a two-bed dwelling with barn conversion, having previously advised on the property in 2023. The initial valuation was based on the special assumption of holiday let use, pending retrospective planning approval. 

By 2025, planning consent had been refused, yet the property was still operating as a holiday let. Our due diligence uncovered the refusal and flagged enforcement risk, which could have left the lender exposed. 

We also advised on wider market changes, including the local county’s adoption of an Article 4 direction restricting use between residential (C3) and holiday let (C6). This impacted both demand and valuation, shifting the assessment from a residential property with barn conversion to a restricted holiday let with outbuilding. 

Our insight allowed the lender to make sound, risk-aware decisions and structure the deal appropriately. Without our intervention, they could have inherited significant planning and marketability issues.