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Selling House with a view but new houses may be built

24

Comments

  • Thumbs_Up said:

    Surely any potential buyer should be mindful of buying a property that has ‘’green fields with a nice view’’ today, but should ask themselves what comes tomorrow.

    I speak from experience, a newbuild I was going to buy (deposit paid) but fell through. A house that had green fields outlook to enjoy. I went back 5 years later out of curiosity, and yes that green and pleasant outlook turned into a housing estate.

    The property I did buy, the next door neighbour was a old boy with a 200ft long garden. I did say to myself when he dies someone will build 2 houses there. He later died and they did build 2 houses there.






    I only live where there are hills 🤣🤣 can be a bit inconvenient though.
  • canaldumidi
    canaldumidi Posts: 3,511 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I have fields behind meand a beautiful view. For 20+ years there have been intermittant reports of a bypass for the local small town, with 2 possible routes one being across these fields.
    If I sold I wouldn't mention this speculation.
  • Murphybear
    Murphybear Posts: 8,103 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Thumbs_Up said:

    Surely any potential buyer should be mindful of buying a property that has ‘’green fields with a nice view’’ today, but should ask themselves what comes tomorrow.

    I speak from experience, a newbuild I was going to buy (deposit paid) but fell through. A house that had green fields outlook to enjoy. I went back 5 years later out of curiosity, and yes that green and pleasant outlook turned into a housing estate.

    The property I did buy, the next door neighbour was a old boy with a 200ft long garden. I did say to myself when he dies someone will build 2 houses there. He later died and they did build 2 houses there.






    I only live where there are hills 🤣🤣 can be a bit inconvenient though.
    We lived opposite the Exe estuary in Devon.  No chance of building on the water  :D
  • SiliconChip
    SiliconChip Posts: 1,929 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 16 January 2022 at 4:17PM
    Section 3 of the TA6 Property Information Form requires you to disclose the following:
    "Is the seller aware of any proposals to develop property or land nearby, or of any proposals to make alterations to buildings nearby? If Yes, please give details"
    If you fail to disclose what you know you may become liable for compensation to your buyer.
  • BigJRock
    BigJRock Posts: 16 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    thank you for the replies so far.
    We hopefully will find out more information soon about whether it will happen. It looks likely but there are final stage hearings and it depends what the inspector says. I'm hoping to get more info on timescales at some point. I'll try to find out more and report back.

    If we assume it is definitely going to happen in 5 plus years what is the opinion about whether to put a fence up to take the view out of the equation. My wife is very much for this but I'm not. Any opinions on this?

  • youth_leader
    youth_leader Posts: 2,991 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    After all the fence problems with Storm Arwen/Barra, how about a nice hedge?  You'll still have the view for the moment but something lovely will be planted and growing when they view.  
    £216 saved 24 October 2014
  • BigJRock
    BigJRock Posts: 16 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    A nice hedge sounds good long term but my wife's thinking is block the view now so prospective buyers just see a nice big garden and not a view that they will probably lose one day. I feel this may be over the top.
    I'll obviously ask estate agents what they think but it would be interesting to hear people's opinions on blocking the view now when the view will be there for at least 5 more years and maybe a lot more than that.
  • user1977
    user1977 Posts: 18,476 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    edited 16 January 2022 at 5:14PM
    If one of the potential selling points is the view, it does seem a bit daft to block that years before any development actually happens. Your buyers might themselves be selling before anything is built.

    (and in relation to those sorts of timescales, I could point you at potential developments which were put on hold due to the 2008 financial crisis, and still haven't happened!)
  • julicorn
    julicorn Posts: 2,618 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    The fence / hedge sounds a bit over the top to be honest. If you're really worried about misleading buyers, then just get the agent to photograph the garden in the a way that means the views aren't visible (e.g. taking a photo towards your house rather than away from it), and ask them to mention the potential development during the viewing. No need to take the view away from your buyer while it's still there - you can inform them of the risk if you want, but blocking the view just doesn't seem right. 
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