View Single Post
Old 04-17-2007, 09:26 AM   #1 (permalink)
ÜberDan
Member
 
Join Date: Nov 2006
Location: United Kingdom
Posts: 64
ÜberDan is on a distinguished road
Default Advice on property offer needed please

Hi All,

Could really do with some advice or just opinions of other people on this, thanks.

The house next door to us has a massive garden and is selling some of it to developers. When it came to planning permission some residents on myroad objected because they didn't want any more houses.

I didn't object beacuse the land looks a mess at present and think two more houses will improve the appearance of the road.

On Sunday a surveyor called round to our house, and it turns out we own a small 10metre x 1metre strip of land (A hedge basically) blocking part of the entrance to where they want to build.

The surveyor acting for the developers said it was worth about £500 but want to offer £3000 if we sell it so they can progress with their work quickly. I didn't even know I owned the land but checking the deeds to my house I do.

Apparently it's not a show stopper for them but would make it easier. Looking at their propsed plans our hedge blocks nearly all entrance to the proposed developing land but I can see how they coudl get round it.

Where I would like your opinions or advice is:

They aproached me with what seems an inflated offer, but obviously I will need independant surveyor to advise me on this.
Do I accept the first offer or is this breaking a golden rule of business.

Any advice welcome as I want to be savvy with dealing with this but am completely inexperienced.

Thanks.
ÜberDan is offline   Reply With Quote