Planning Norn Iron Style. This is a very old cottage in King Street-probably built in the 1820s. A developer will buy it and ask for planning permission to pull it down and put up a desirable family dwelling. It will be refused as this is listed. So he will hold on to it for two years as it crumbles (it already has a hole in the roof) When it is a public hazard he will get permission to pull it down and hey presto! up will come a spanking new family de luxe villa. Outlay £20,000. Building costs £40,000. Sale of snfdlv: £250,000. Profit? Yes. Aren't we lucky to have a much better planning system in the Borders? Aren't we?