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ÜberDan · 04-17-2007, 09:26 AM

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.

Mayo · 04-17-2007, 10:06 AM

Does it impend the access to your property in any way? Look at it thoroughly...

What will it cost you to sell that 10 square meters? What if you also think about developing property? Lots of options there..

Kamma · 04-17-2007, 10:42 AM

I would wait for the results of your own survey to decide on the amount of the offer. I can't see why you wouldn't sell this land as it seems you have no real attachment to it.
Good luck!

ÜberDan · 04-17-2007, 07:09 PM

Thanks for the replies. They have agreed reasonable costs on top of the offer and my access won't be hindered.

I'm running it past the mortgage company first then i'll take it from there.

Thanks again.

04-17-2007, 09:26 AM	#1 (permalink)
ÜberDan Member Join Date: Nov 2006 Location: United Kingdom Posts: 65	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.

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04-17-2007, 10:06 AM	#2 (permalink)
Mayo Senior Member Join Date: Jan 2007 Location: Croatia Posts: 448	Does it impend the access to your property in any way? Look at it thoroughly... What will it cost you to sell that 10 square meters? What if you also think about developing property? Lots of options there..

04-17-2007, 10:42 AM	#3 (permalink)
Kamma Member Join Date: Mar 2007 Location: Scotland Posts: 65	I would wait for the results of your own survey to decide on the amount of the offer. I can't see why you wouldn't sell this land as it seems you have no real attachment to it. Good luck!

04-17-2007, 07:09 PM	#4 (permalink)
ÜberDan Member Join Date: Nov 2006 Location: United Kingdom Posts: 65	Thanks for the replies. They have agreed reasonable costs on top of the offer and my access won't be hindered. I'm running it past the mortgage company first then i'll take it from there. Thanks again.

Personal Development for Smart PeopleTM Forums

Personal Development for Smart People^TM Forums