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Selling a small portion of garden to nextdoor that does not have a garden
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Hi many thanks for all the replies. Not sure of the size of our garden as it is now but it's roughly about 35-40' wide at it's widest part and about 40-50' deep (it may be bigger this is a total guess as it's a bit of a funny shape). Cutting out a triangular sliver would make very little impact on us as the garden is quite wide. We are terraced and we have neighbours either side as it stands anyway, so adding another 'garden' in would make little difference to the surroundings. It's quite a good size garden for a 2 bed property in a market town in Oxfordshire. Our house value is about £210,000. The house next door is one bedroom with no garden or rear access, hence their back window (kitchen window) being located in our garden (we have tried to 'hide' the window a bit with planting, to add privacy for both us and them. It was our idea to look into selling them a triangular strip to create a courtyard garden, at the moment they obviously don't even have a back door so this would have to be created by replacing the window with a door. The property is listed and they would have to check they could get listed building consent for this first. It would def NOT be big enough to extend onto or build a conservatory and we would have a covenant in place for this anyway as it would all be done legally.0
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I believe this would add massive value to their property - it is odd to have a house with no garden whatsoever, so even to add a small courtyard (and it's south facing garden too) would be a major advantage for the owners....0
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OP - have you got a mortgage? If so you won't be able to sell of part of your garden without involving them as it is likely to affect the value of your house. This would add to the complication and increase legal costs. It's possible it could make this scheme a no starter.0
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It def won't effect the value of our house. We are talking about a tiny space, less than 10% of our garden, we have been told it's a generous sized garden for the size and location of the house and it will still be good with this portion taken out, plus we would benefit from losing the nextdoor window 'in' our garden scenario that would be offputting to some people.0
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OP, irrespective of your opinion re. whether it would affect the value of your house, if you have a mortgage then you MUST get the permission of the lender first.0
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Yorkie1 is quite right re needing to confirm with and get the consent of your mortgage lender.
The registration fee would be £40 but presumably payable by next door as they would be the ones applying. We do supply a degree of online guidance re transferring ownership and a link to the relevant form TP1.
However we would always recommend to both parties that they seek legal advice“Official Company Representative
I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0 -
Instead of selling, how about rent it to them?0
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