Adding land to smallholding deeds

irishdonkeys

We have a smallholding with farmhouse,cottage and 5 acres plus a seperate 2 small fields that are nearby but not next to the smallholding.
I am wondering if it is possible to add the 2 seperate fields that we own and put them onto the one deed with the smallholding? 
We have a  mortgage on smallholding but fields are paid for - will it cause issues with mortgage company? 

user1977

Why do you want to put them "onto the one deed"? I doubt there's any advantage.

(also, given your username - which country are we talking about?)

irishdonkeys

user1977 said:

Why do you want to put them "onto the one deed"? I doubt there's any advantage.

(also, given your username - which country are we talking about?)

Uk,not ireland. 
My thoughts being - currently getting uc in transitional phase but will end in nov as we have the two fields which are classed as other property and investments. Perhaps i am wrong in thinking but thoughts were if it was all classed as one holding on one deed,it is then not counted as additional property/income etc. 

user1977

irishdonkeys said:

user1977 said:

Why do you want to put them "onto the one deed"? I doubt there's any advantage.

(also, given your username - which country are we talking about?)

Uk,not ireland. 
My thoughts being - currently getting uc in transitional phase but will end in nov as we have the two fields which are classed as other property and investments. Perhaps i am wrong in thinking but thoughts were if it was all classed as one holding on one deed,it is then not counted as additional property/income etc. 

Which of the UK nations, given the laws differ? (I'll guess England since the other countries are usually a bit more aware!)

I doubt how the land is registered will make any difference to UC, unless you've found strange references to the contrary. Generally it's irrelevant whether a property is registered over several parcels of land. Also I think the registers are reluctant to merge titles unless there's some logic to doing so, which seems less likely if the plots aren't even contiguous.

lincroft1710

At some point either you you or your heirs are likely to sell the property or you may decide these 2 fields are no longer viable. Having the 2 fields on separate deeds would make them easier to sell  or selling the whole in 3 lots gives purchasers an option.

irishdonkeys

user1977 said:

irishdonkeys said:

user1977 said:

Why do you want to put them "onto the one deed"? I doubt there's any advantage.

(also, given your username - which country are we talking about?)

Uk,not ireland. 
My thoughts being - currently getting uc in transitional phase but will end in nov as we have the two fields which are classed as other property and investments. Perhaps i am wrong in thinking but thoughts were if it was all classed as one holding on one deed,it is then not counted as additional property/income etc. 

Which of the UK nations, given the laws differ? (I'll guess England since the other countries are usually a bit more aware!)

I doubt how the land is registered will make any difference to UC, unless you've found strange references to the contrary. Generally it's irrelevant whether a property is registered over several parcels of land. Also I think the registers are reluctant to merge titles unless there's some logic to doing so, which seems less likely if the plots aren't even contiguous.

We are in wales. 
With any means testing, they immediately ignore anything that is classed as your primary residence so hence my thinking if all on one deed....

vic_sf49

I have a vague recollection, of someone trying to buy a property with land (7 acres maybe), but struggling to get a mortgage because of the land.

I think it massively limited their choices of mortgage lender.

And if you're worried about your benefits stopping due to the land, then other options are to increase your income, cut your outgoings, make the fields earn their keep, or sell them.  

GDB2222

irishdonkeys said:

user1977 said:

irishdonkeys said:

user1977 said:

Why do you want to put them "onto the one deed"? I doubt there's any advantage.

(also, given your username - which country are we talking about?)

Uk,not ireland. 
My thoughts being - currently getting uc in transitional phase but will end in nov as we have the two fields which are classed as other property and investments. Perhaps i am wrong in thinking but thoughts were if it was all classed as one holding on one deed,it is then not counted as additional property/income etc. 

Which of the UK nations, given the laws differ? (I'll guess England since the other countries are usually a bit more aware!)

I doubt how the land is registered will make any difference to UC, unless you've found strange references to the contrary. Generally it's irrelevant whether a property is registered over several parcels of land. Also I think the registers are reluctant to merge titles unless there's some logic to doing so, which seems less likely if the plots aren't even contiguous.

We are in wales. 
With any means testing, they immediately ignore anything that is classed as your primary residence so hence my thinking if all on one deed....

I know practically nothing about UC, but the AI suggested that business assets are ignored, and these fields are possibly part of your smallholder business? I suppose that the AI might be correct, even.