One of our agents attended a council and developer sponsored meeting the other night.
Afterwards he collared a very forthcoming developer:
"Out of say, a £35 million development, a million of that will be the cost of all the red tape to get through the planning process. Not including infrastructure and S106 payments affordable homes etc."
"But that's OK because the land owner gives us an allowance for whatever that is. He wants to get rid of the land and he's happy to wear that"
So there we go yet again. Tax comes out of rent
The moral of the story is to limit these costs by any means else as property owner you will be paying it either directly or indirectly you cannot escape it.
Ideally you want to lobby for a streamlined planning process which requires minimal civil servant benefit scrounging.