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Want to buy my neighbour’s shed

13

Comments

  • rik111
    rik111 Posts: 367 Forumite
    100 Posts Name Dropper
    He's offering up to £1000.00 so will probably be starting at £500.00. Would love to be there when he offers it to the neighbour and also tells them he is also too tight to pay for a solicitor to do it properly.
    If it was £1200.00 just for a stamp do you not think some clever solicitor would be offering to do it for much less make himself a few hundred quid to lick a stamp ? 
    Fill your boots and diy it, see you back here when you cant sell because of irregularities with land registry.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Who knew a simple question about diy conveyancing would cause so much reaction. I am really disappointed with a lot of the responses, not reading the question & generally unhelpful snide remarks. If I can work out how, I am going to end the “discussion” or at the very least not bother looking any more. Sorry, but you’re letting yourselves down.
    You still haven't answered the single most basic question of all - whether there are mortgage lenders involved.

    Without that, everything is academic.

    If there are no lenders, then it's doable. Whether you're up to it is a question only you can answer.
    If there are lenders involved, you WILL NEED solicitors, to represent their interests.
  • Norman_Castle
    Norman_Castle Posts: 11,871 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Not asking for opinions on the value of a shed thanks.
    The cost of a shed was offered to put your £1000 offer into perspective.

  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Isn't the Eden project in Cornwall?
    Don't think that is made from granite.


  • NameUnavailable
    NameUnavailable Posts: 3,030 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    I wasn't being snide with my comment - if you have just assumed a price you feel the neighbour would be happy with you really ought to actually agree a price and terms before going any further. If they were to respond by saying they wouldn't sell for less than £10K would you still go ahead?
    There's no deal if you're not aligned in terms of expectations.
  • GDB2222
    GDB2222 Posts: 26,698 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    rik111 said:

    If it was £1200.00 just for a stamp do you not think some clever solicitor would be offering to do it for much less make himself a few hundred quid to lick a stamp ? 
    Fill your boots and diy it, see you back here when you cant sell because of irregularities with land registry.
    I think the £1200 sounds like quite a lot, and it would be worth the OP getting a couple more quotes. The OP doesn't need searches, formal report on title, etc. The solicitor I use charges way less than £1200 to deal with a house purchase. 

    Having said that, the Land Registry is not that complicated, and a simple transfer is something that can be done on a DIY basis. It's scare-mongering to suggest that the OP will muck it up. It's more likely, if he makes a mistake at all, that the LR will reject the forms, and he'll have to do it again.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • MovingForwards
    MovingForwards Posts: 17,173 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    I'm considering asking a neighbour if I can buy his unused garden. It would never be built on unless our block of flats were knocked down and we all moved on.

    I've read loads of old threads on MSE on the subject, taken on board all the comments and also did as much research across other sites as I can. While I would love to offer £1k and pay all the legals, as it is just a garden plot, I wouldn't like to insult him, still have to live by the guy. 

    If you did more research you would get your answers, then anything you're unsure of could get clarified.
    Mortgage started 2020, aiming to clear 31/12/2029.
  • Falafels
    Falafels Posts: 665 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    To the OP: last year I sold a small plot of land to Severn Trent Water. They paid the fees, including Land Registry, and it came to £500 + VAT. It may be worth your while shopping around.
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