Buying land adjacent to my house

lincroft1710

Mazcabs wrote: »

more like 100 square ft. It will mean that the garden becomes a square shape and add more to what is not the biggest garden in the world to be honest! The developer has said that he will demolish the brick shed, put in a new boundary fence and all the drawing for land registry purposes for £2500 which doesn't seem that bad to me.

Bite his hand off!

LabRatty

I agree that the price you've been quoted seems very good.

A few years ago, we swapped some land with a neighbour to give us both a more regular shaped garden. We contacted the two mortgage companies with details of the new boundary line to get their agreement - both approved the swap but didn't require a mortgage on the newly acquired bit. We then informed the land registry who gave the extra bit of land a new number rather than amend the area of the original.

It was a very straightforward process - all the best with your acquisition.
LR

moneyistooshorttomention

BTW - do remember to have your Title Deeds amended to include your new bit of land. So it's quite clear you got it all properly (bought and paid for) - rather than illicitly (eg squatted on and then "adversely possessed").

Just as well in case of future queries from neighbours or any future buyer of your house.

Davesnave

moneyistooshorttomention wrote: »

BTW - do remember to have your Title Deeds amended to include your new bit of land. So it's quite clear you got it all properly (bought and paid for) - rather than illicitly (eg squatted on and then "adversely possessed").

Just as well in case of future queries from neighbours or any future buyer of your house.

If the land is transferred legally, it will probably have its own title and be known as something like, "Land to the south of 6 Brick lane," or numbered, as above.

eddddy

There's probably no real benefit in merging the two titles at this stage. (You'd probably need consent from your mortgage lender, which would add cost and hassle.) When you eventually sell, it can be done by your buyer.


In your position, I would definitely get a solicitor to look after the purchase (unless you are very comfortable with land sale contracts, land titles etc.)

I guess you want it included in the contract that the builder will demolish the brick building; lay topsoil and turf (maybe); and construct a fence. And perhaps covenant to maintain that fence.

Mazcabs

Thanks all for your great help and advice. I have spoken to the builder and asked him to send me a letter/quote confirming all that he is including for this price so I know exactly what other costs I will have. When I get this I will contact the local solicitors who dealt with my original house sale to get any legal bits done!

moneyistooshorttomention

Sounds like you've got all angles covered.

You lucky thing - ie a bit of extra land for not-a-lotta-money:j