A billionaire tycoon wants planning authorities to grant permission for his new £4 million beachfront mansion which can jack itself up in the case of flooding which heats itself using the outside air in temperatures as low as -25C. Jim Ratcliffe, founder and chairman of chemical company Ineos, has applied to planning officials in the New Forest to seek to demolish an existing beach hut and replace it with a 'carbon neutral' mansion. The 62-year-old businessman who is based in Switzerland claims that the new house, if built, will be his only UK residence. The proposed beach house in this computer generated image would only be visible from yachts on the Solent . The high-tech planned mansion will be virtually 'carbon-zero' and uses renewable energy such as solar power . Billionaire tycoon Jim Ratcliffe wants to build a futuristic beach house on a site he owns overlooking the Solent . The planning application claims the building will be 'climate-change proof due to its jacking system. The building has been designed by Charles Morris, who was the architect responsible for the Orchard Room at Prince Charles's Highgrove Estate. According the document: 'The development proposals incorporate domestic-scale micro renewable energy systems, including an array of photovoltaic cells, solar hot water and an air source heat pump. 'The solar thermal hot water system provides hot water powered directly from the sun; the photovoltaic cells will provide electrictiy to power immersion heaters to ensure that there is hot water in all weather conditions. 'The air source heat pump will draw latent heat from the air even when air temperature is as low as -25C to heat the house via underfloor heating. 'The dwelling would be so thermally efficient and would harness so much renewable energy that it will not need a boiler. 'The dwelling has been designed to be lifted by 73 piston jacks, with with a capacity to lift 25 tonnes; this will allow the development to respond to rising sea levels over the next 100 years, this is truly innovative and truly unique.' Mr Ratcliffe is seeking to demolish the existing house on the site and replace it with the new mansion . The house has a revolutionary jacking system which can lift the property up in the case of flooding . The £4million luxury mansion will have stunning views of the Isle of Wight and is at the edge of the New Forest . Mr Ratcliffe bought the site in 2005 and has had several previous planning applications rejected. According to the plans, the house would only be visible from yachts on the Solent. His neighbours include Dire Straits lead singer Mark Knopfler and the band's bass guitarist John Illsley who live either side of the planned development. Graham Baker of the New Forest Association told the Times: 'Mr Ratcliffe bough a beach house, a small cheaply built occasional dwelling. He wants to erect a mansion in its place.' Mr Baker claimed the planned jacking system is not sufficiently unique to allow planners to grant the house permission. However, neighbour Frank Woodward, 89, who lives 100 metres away from the beach house said: 'This area was flooded a few years ago so I think it's a good idea. There used to be a much bigger house on that site. 'Mr Ratcliffe has got the money. He has to have a big house. People who are objecting have only been living here for five minutes.'
Jim Ratcliffe is the founder and chairman of chemical giant Ineos .
The Swiss-based billionaire said the house would be his only UK home .
The house features several revolutionary energy saving measures .
The home's heating and hot water systems all use renewable energy .