Quite straight forward once you've found the owner.
Legally you would need to have a transfer letter / agreement written. So you'll need solicitors involved. As there is no additional right of ways, no easement should be required.
Agree a price and then update both properties with the Land Registry with a new outline of the for each properties (which is something like £40).
Having to do it with mine where I've split the property (in this case I own both bits)
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Buying a bit of land - worth the hassle?
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Buying a bit of land - worth the hassle?"
Collapse
-
Originally posted by d000hg View PostWell, it's not big enough to build on - and there is no access except through one of our houses
The street it's on is a fairly traditional terraced street so the gardens are the width of the house and then long strips, with a proper "bottom of the garden" where you'd often find compost heaps and discarded junk.
Other than tidy it up I can't see any use for it to the owner... the remaining 2/3 is a quite decent size.
Anyway I was more interested in how complicated it is to buy a patch of land. Do you have to go through all the same searches and ownership stuff like buying a house? Presumably you have to update the deeds of his property at the very least. And then either attach it to our deeds, or somehow have it as a separate entity in its own right.
Leave a comment:
-
Originally posted by OwlHoot View PostBut the person selling the land will probably assume the same, or even have plans to develop it. So it might not come cheap.
The street it's on is a fairly traditional terraced street so the gardens are the width of the house and then long strips, with a proper "bottom of the garden" where you'd often find compost heaps and discarded junk.
Other than tidy it up I can't see any use for it to the owner... the remaining 2/3 is a quite decent size.
Anyway I was more interested in how complicated it is to buy a patch of land. Do you have to go through all the same searches and ownership stuff like buying a house? Presumably you have to update the deeds of his property at the very least. And then either attach it to our deeds, or somehow have it as a separate entity in its own right.
Originally posted by OwlHoot View PostI would guess that in this situation some extra garden space would make your property much more desirableLast edited by d000hg; 6 May 2014, 15:39.
Leave a comment:
-
It's definitely worth a punt. I know two people who have bought land off a school in one case and a neighbour in the other. Our own garden is dog legged as an elderly neighbour didn't want to buy a strip of land across the bottom of ours and whoever was here at the time bought both. Always good to have either to help your property or to sell back to future owners at a tidy profit.
I say a punt as no one in their right mind should want to sell half their garden off but it does happen. I would have thought even less chance if the landlord doesn't live there as it is pure investment to him even if it isn't used or needed. He isn't aware.
Could be worth a few quid getting the Land Registry data as many houses have long gardens due to them encroaching in to old rights of way that ran between the bottoms of gardens so he may not actually own it. Chance for a land grab if that is the case.
It can be complex but quite interesting to do.
You could just fence it off drop a couple of letters through the letter box saying his silence is his agreement and hope he doesn't notice for 25 years of course.
Leave a comment:
-
I would guess that in this situation some extra garden space would make your property much more desirable
(to most people - Obviously some ultra-urbanites and/or old timers might prefer a small garden).
But the person selling the land will probably assume the same, or even have plans to develop it. So it might not come cheap.
Leave a comment:
-
Buying a bit of land - worth the hassle?
We've only a very small garden since we live in a townhouse in the city centre. But a (student let) property behind us has a long garden and the bottom third or so is unused and overgrown. I am tempted to find the owner and ask if they're interested in selling it... but I've no idea how easy this is legally and if the complexity/cost would be overkill for such a small piece of land.
Has anyone done this kind of thing, like buying a bit of next door's land, or their garage or something - is it a legal nightmare like buying a house, or fairly straightforward?Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Reports of umbrella companies’ death are greatly exaggerated Today 10:11
- A new hiring fraud hinges on a limited company, a passport and ‘Ade’ Yesterday 09:21
- Is an unpaid umbrella company required to pay contractors? Nov 26 09:28
- The truth of umbrella company regulation is being misconstrued Nov 25 09:23
- Labour’s plan to regulate umbrella companies: a closer look Nov 21 09:24
- When HMRC misses an FTT deadline but still wins another CJRS case Nov 20 09:20
- How 15% employer NICs will sting the umbrella company market Nov 19 09:16
- Contracting Awards 2024 hails 19 firms as best of the best Nov 18 09:13
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
Leave a comment: