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Developer wants to buy some of my Garden
Comments
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So many developments are failing and left half done right now, if you dont sell you're that bit further away from an empty shell of a house, half built roads.....0
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as they say... you are selling off land of yours... which you wont be selling off later...
so if you garden is shorter, your house technically worth less.
they want it, you want it, what are they willing to offer you to make you HAPPY?
Thats the question... can they tempt you, plus DO YOU NEED THE MONEY... if not, you can play HARD BALL. If you dont get it sold at the end you still have the LAND... :-)...
WIN WINPlan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
Not all councils notify neighbours. (Ours for example!) It can be up to individuals to look out for planning notices on lamposts and in local papers.
Sorry, I assumed it would be standard practice, and governed by national rather than local legislation.
However, even if he has permission for a development without these folks' land, he'd still need a revised app to include it.....? Yes/No?0 -
I'd have a good look at the plans that the developer has and what they intend to do with the land - if they are planning to give the houses a bit more of a garden backing on to yours, that's not such a bad thing. But if they might build right up to the boundary, so you'd be faced with a 2 storey wall at the end of the garden, maybe with windows facing straight towards you, that would be quite different. It's probably not an issue, but better to ask the question now before you make up your mind.0
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Thanks. I guess the difference here is that the developer has already obtained planning for the land behind our garden and the development will go ahead with or without the sale of our land. A mailed a local estate agent who advised that we can only expect to receive a 'nominal figure' for this reason.
Any body else have an experiences/advice?
I would be wary of taking the opinion of one local estate agent, they may have ties to the developer. You and any neighbours involved should pay for professional advice, as others on here have very sensibly advised.0 -
Personally, if the developers negotiating tactic is to pretend the land is not really wanted/required, then your tactic should be you don't want to sell it...
So if they don't want to buy it & you don't need to sell it, they will have to offer you an amount of money that will make you change your mind. Anything less, and you keep your garden!0 -
Hi Guys
Thanks for all of your response! :beer:
The message seems clear, get some professional advise! The developer has already visited a number of my neighbours, I haven't had a chance to speak with them as yet.
I received a copy of the ordinance survey and it looks like our land will be used to extend the already planned and approved development.
We cannot develop the land ourselves has the only access would be via the new development.
The money would come in handy as we are currently planning some improvements to the house (double extension, Garden work and Block paved drive). Really depends on the amount.
I need to meet with the developers myself and find out what they intend on using our land for which in turn should help me to make a decision.
Thanks again for all the great advice!0 -
Hi Guys
Thanks for all of your response! :beer:
The message seems clear, get some professional advise! The developer has already visited a number of my neighbours, I haven't had a chance to speak with them as yet.
I received a copy of the ordinance survey and it looks like our land will be used to extend the already planned and approved development.
We cannot develop the land ourselves has the only access would be via the new development.
The money would come in handy as we are currently planning some improvements to the house (double extension, Garden work and Block paved drive). Really depends on the amount.
I need to meet with the developers myself and find out what they intend on using our land for which in turn should help me to make a decision.
Thanks again for all the great advice!
Don't assume he will tell you the truth... he can say one thing and then change things once he has his hands on what he so obviously wants... be very very wary of him... as others have said he will say whatever he thinks you want to hear... beware beware beware....
Hope it works out in your favour...#6 of the SKI-ers Club :j
"All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke0 -
If you are wanting the money to use for an extension, then it might be worth considering doing a deal with the developer for the extension (get your own plans drawn up, with details of internal finishing, and a contract with the developer agreeing to stick to the plans).
The developer already has access to building materials, labour etc, so an extension will be worth much more to you than it is to him.I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0 -
Not all councils notify neighbours. (Ours for example!) It can be up to individuals to look out for planning notices on lamposts and in local papers.
Yes, and developers are notorious for changing plans mid-way through a building programme.
Near a house I owned, an area which builders had labelled 'amenity' when I checked a year before, suddenly had an extra 5 bed house on it. There were other changes too, but the old biddies who lived there probably saw nothing sinister in those little A4 sheets that appeared on the lamp posts. They certainly wouldn't have gone six miles down the road to see what they meant, either!0
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