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Real-life MMD: Should we pay to shrink our garden?

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Money Moral Dilemma: Should we pay to shrink our garden?
We've just bought a house and moved in. Last weekend, our new neighbour came around and apologetically explained she'd just found out the garden fence is in the wrong place (and has been for years). Moving it will mean we lose a portion of our garden. We've checked with the Land Registry and she's right – but she wants us to share the cost. As I see it, she is the one gaining garden, so she should pay.
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We've just bought a house and moved in. Last weekend, our new neighbour came around and apologetically explained she'd just found out the garden fence is in the wrong place (and has been for years). Moving it will mean we lose a portion of our garden. We've checked with the Land Registry and she's right – but she wants us to share the cost. As I see it, she is the one gaining garden, so she should pay.
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Unfortunately as you say the land is theirs so they can not be made to pay for that. !I would say to them you wont pay for the fence as if it was you, you would do it yourself or as you can appreciate just bought a house money is tight. !No way you should pay.
I would say go back to the conveyancer/solicitor and question why they did not pick up on this and maybe make them pay.
Boundaries move over time. If the boundary has been in place "for years" then that is the new boundary.
You shouldn't be paying towards it and you shouldn't be letting her move the fence either.
Check with the solicitor who did the conveyancing. You can also check the filed plan on the deeds - it may indicate who is responsible for the boundary fence.
Get some professional legal advise. There are free drop in's at places, use a few of them to get a clearer idea.
If your neighbour pays then they will be choosing the new fence, it may not be a style/size/colour of your liking and you are going to be looking at it.
If you contribute to cost then you can be involved in choices.
How much space are we talking about?
It could save money and a lot of mess for both sides.
If your neighbour refuses that idea, then just say you won't pay for your share of any new work as the fence in that area doesn't belong to you as its not on your land.
Sue the vendor if the later is the case, but get your solicitor onto it now. They are insured for !!!! ups and you shouldn't lose out.
Proud to be dealing with my debts.