Garden Extension and house on separate deeds? Downside when buying?

Deisler

Hi All,

We have viewed one house recently in Edinburgh and the house is pretty good (although a little too expensive).

The thing is owner told us that there is some extra space outside his rear garden, which he bought to stop the developer from building new house there. However, that is on a separate deed (under owner's name though) from the house.

Question is: If we were to buy the house and the additional space, how much it would cost us to combine two deeds together? Would the combination cause some changes to the land/council tax/home report value (currently home report value doesn't include the additional space) or anything else?

Is it wise to combine two deeds or just leave them? Can we extend the garden without combining deeds beforehand?

Thanks in advance.
Regards
D

Deisler

The additional space is 3metre X ~15 metre

Mallotum_X

Why would you want to combine them? Surely its simpler to just buy it as it currently is.

Dave_the_Ginger_Cat

If you've a mortgage, read this section. If the value of the main plot is sufficient to give you the right LTV for lending, then not material. If it's not, you may need to comine them.

In any event, you'll have to aggregate the value for stamp duty purposes

I bought house which had two land registry entries, and even though the house was built over the boundary of the plots, neither the bank nor my lawyer had an issue.

I would ask a conveyancing lawyer for the pros and cons. The cost of advice and subsequent work will be marginal compared to the overall cost of the purchase, and unless you've any reason to doubt the ownership or title, I'd not worry about it just yet.

G_M

No real advantage either way.

But when you buy, you could get them combined when registering the purchase.

Deisler

Thank you guys for your replies!