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Shared Driveway Question
Comments
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4+ cars is a lot for a private house is it not?
Husband + wife + 2 late-teenage/early 20s kids = potentially 4 cars.
We had three cars when my sister and I were still living with our parents - but only because Mum didn't have a car as well. Actually, at one point we did have four, because we had a foreign student staying with us.0 -
As Chris has mentioned a normal sized family will have 4+ cars0
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If you bought the passageway, anyone living next door would have to dig up the front garden for parking, as they would be unable to access rear parking, so the house would lose value.0
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Giuseppe246 wrote: »As Chris has mentioned a normal sized family will have 4+ cars1
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Giuseppe246 wrote: »Hi,
Between my house and my next door neighbor there is the standard semi-detached 'space'....... This is shared land where we both can use to for example park our cars.
Are you sure it is 'shared'?
What does your Title Plan show?
What if anything does your Title document say?
I wish to purchase the shared land between the two houses.
Does anyone know how I would go around doing this? Would I need to do something legally?
2) If yes, agree a price
3) If seller has a mortgage, wait for seller to request consent from mortgage lender to sell (reducucing the value of the property, and thus the security on the mortgage)
4) If consent granted or no mortgage involved, either
a) instruct a solicitor or
b) draw up a DIY contract of sale
5) obtain name of your seller's solicior (unless he is also DIYing)
6) Exchange contracts
7) Submit TP1 to Land Registry, with Plan and either
a) create a new Title for the land in question or
b) assimilate the land into your current Title
Sorted.
Oh, and don't forget to hand over the agreed price, plus (probobly) your neighbour's legal fees.0 -
If you bought the passageway, anyone living next door would have to dig up the front garden for parking, as they would be unable to access rear parking, so the house would lose value.
Assuming they were that way minded of course. Its something I wouldn't do personally and I'm more in favour of turning front gardens back into gardens.
Having said that - there are a noticeable number of people who would indeed be likely to do just that:(
I cant see the next door neighbour being prepared to sell off a bit of their garden personally and I doubt most would.0 -
Usually a shared drive cannot be parked on, or built on, by either side. It's simply a piece of land over which you both have a right to pass and repass, to drive over, in order to reach the back of your house/garden.
It's unlikely anybody who is also party to that shared drive to consider selling up their rights to a neighbour as that would potentially devalue their house in the eyes of future buyers as the new owners wouldn't have the access to the back garden, except on foot on their side/half.
It might take a hefty cheque to ever interest anybody in selling their rights to you.
If it were me and if I didn't need/use it, I might consider flogging my rights for, say, £30-40k where the house is currently worth about £200-250k. Just to put my personal figure on it.0 -
I'm following your logic PasturesNew and rather agreeing with it.
Personally, I've been taking the view ever since I bought Current House that a priority is to deal with Things Neighbours are Up To that would/might reduce value. That is though I don't realistically see the possibility of selling it on ever for what I would choose (all else being equal) and assume I will be here for the rest of my life. Nevertheless - there is no way I was going to accept neighbours doing things that would reduce my property value...just in case I "get lucky" and can Sell and Move On after all..and I suspect that's how most people will think.
Hence - I do think the vast majority of people will be very well aware of what might reduce the value/saleability of their place and will simply refuse (whatever price they are offered for that).
I don't rate OP's chances of getting this past the neighbour personally. In fact I would personally bet there is a very good chance neighbour will be "rather upset" at OP wanting something that would reduce the value of their house.0 -
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PasturesNew wrote: »
If it were me and if I didn't need/use it, I might consider flogging my rights for, say, £30-40k where the house is currently worth about £200-250k. Just to put my personal figure on it.
This is the heart of the matter. There is always a figure at which the neighbour would agree, but it's more than likely that the OP wouldn't offer it.0
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