Buying a bit of my neighbours garden
Has anyone any idea to help me start negotiating?
Price per acre? Thanks |
"Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? When was a 'bit' as much as an acre? -- Alan Reply to alan (dot) holmes27 (at) virgin (dot) net Thanks |
"Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? Thanks Use the middle east approach....."I am but a poor man but"...these words not to be taken too literally...most certainly do not appear to be too anxious.....first of all it is up to you to decide the max. amount you are prepared to pay....."If it is not much I wonder if you would like to sell me xxx amoount of land"....there are so many waus of handling it......H who spent his life negotiating contracts. |
Depends where you are, what the area around is currently used for and
what you want it for. If is a just part of his garden then you will just have to negotiate a price, if he suspects you want it to build another house on then he will probably hold you to ransome. Value is just what value you put on it in the end, what it is worth to you to buy it. Mike |
"Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? Thanks The going rate appears roughly that for building plots per acre, so be prepared to pay a lot for a little! -- Charlie, gardening in Cornwall. http://www.roselandhouse.co.uk Holders of National Plant Collection of Clematis viticella (cvs) |
"Alan Holmes" wrote in message ... "Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? When was a 'bit' as much as an acre? I thought if I knew how much an acre I could work out say an eighth.... If I had asked for the price of an eighth I thought many people might not know... |
"Pedro Popadopolous" wrote in message ... "Alan Holmes" wrote in message ... "Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? When was a 'bit' as much as an acre?////////when you live in Texas |
"Pedro Popadopolous" wrote in message ... "Alan Holmes" wrote in message ... "Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? When was a 'bit' as much as an acre? ~~~~~~~~~~~~~~~~~~~~~~~ I recently agreed to sell a 'bit' of my land for £2000~~~ he is coming this week with his wheelbarrow!! Best Wishes Brian. |
My land, i.e. my garden, has just been registered with the
landregistry, and has been valued at something like =A380,000 an acre. Mike |
wrote in message oups.com... My land, i.e. my garden, has just been registered with the landregistry, and has been valued at something like £80,000 an acre. Mike in the words of the real estate sales people...location, locatio, location.....I know of some land that 'aint worth a bucket of spit' for ten acres.....H |
"Pedro Popadopolous" wrote Has anyone any idea to help me start negotiating? Price per acre? Depends on location, on how much it will add to your property and detract from his. Whatever you pay, and it will depend on the location, don't forget there will be solicitors fees involved + Land registry fees so take the cost of that into account as the seller will, no doubt, expect you to pay all fees. -- Regards Bob In Runnymede, 17 miles West of London |
"Pedro Popadopolous" wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? Thanks Before you start any lengthy negotiations with reference to 'price per acre building land' and 'price for a bit of agriculture land' ask ourself "What do I want this bit of land for? How much is it worth to me?" If it is worth £100.00 to you for what you want to do, i.e. extend your garden then you have a price in mind. Now go and see your neighbour and ask what they had in mind, if they say 'I don't really know' then say that you have a figure in mind for that you want to do with it and offer £100.00. If they come back and say 'I had thought of more than that' they DO have a figure in mind and ask what it is. If they come up with £1000.00, is it worth that to ou? If not, end of story. When I was doing my business studies course, we had an exercise on marketing and sales which included pricing of goods. The article cost to manufacture, packaging, advertising etc etc, was, for example £1.00. "What will you sell it for?" That was the excercise given to the groups. The groups came back with various at around £1.50. "This article is on the market and selling well at £3.75" 'How do you get that price?' we asked. "It's what the public will pay for it" How much is that bit of land worth "TO YOU"? Would you pay £5000.00 to extend your garden? Mike |
Mike wrote:
How much is that bit of land worth "TO YOU"? Would you pay £5000.00 to extend your garden? Mike andCharlie Pridham wrote: The going rate appears roughly that for building plots per acre, so be prepared to pay a lot for a little! exactly so, best part of 20 yeas ago, i sold the end 10m*10m bit of my mother's garden to the rear neighbour to "square off" his L-shaped garden for £3000 (I had power of attourney while she was in a nursing home). I've just checked a website giving land value trends and, amazingly, that was bang on the mark for residential building land o/s london. Value to us, zero. Garden was if anything better proportioned without that bit & we needed cash to pay fees. Value to neigbour: Lots as odd difficlut to use L-shaped garden transformed into nicely proportioned rectangle = easier to use and to sell. pk |
"Mike" wrote in message ... "Pedro Popadopolous" wrote in message ... Price per acre? . When I was doing my business studies course, we had an exercise on marketing and sales which included pricing of goods. The article cost to manufacture, packaging, advertising etc etc, was, for example £1.00. "What will you sell it for?" That was the excercise given to the groups. The groups came back with various at around £1.50. "This article is on the market and selling well at £3.75" 'How do you get that price?' we asked. "It's what the public will pay for it" How much is that bit of land worth "TO YOU"? Mike Suspect you also were told that there is no relationship between cost and price except that the price must be greater than the cost......"What the market will bare" being the operative words.....H |
In ,
Pedro Popadopolous whispered softly in my ear...: Has anyone any idea to help me start negotiating? Price per acre? Depending on the circumstances, there may be bigger concerns than price to negotiate. We have sold some of our large-ish garden to a neighbour. We did not need / require such a large garden so, in theory, the sale was a good idea for both parties. The price agreed was reasonable and was, in fact, the original offer the neighbour made ( in other words what it was worth to him and what he could afford) The only negotiating involved was to satisfy our concerns that , at some future date another neighbour would sell part of their garden and the combined area would then be big enough for someone to use as a building plot. Whilst I don't want a big garden, I don't want a new house at the bottom it. We got round the possibility by means of a complicated ( but legally binding) agreement which our neighbour was happy with. -- Ticketty᧧ |
.. We got round the possibility
by means of a complicated ( but legally binding) agreement which our neighbour was happy with. Yes. The twenty eight people who lived around the large piece of land I acquired with my house were quite happy that an agreement, 'a covenant to prevent building', was sitting on the land. My Solicitor had it removed and there are now two blocks of flats sitting on it. Mike |
"Mike" wrote in message ... . We got round the possibility by means of a complicated ( but legally binding) agreement which our neighbour was happy with. Yes. The twenty eight people who lived around the large piece of land I acquired with my house were quite happy that an agreement, 'a covenant to prevent building', was sitting on the land. My Solicitor had it removed and there are now two blocks of flats sitting on it. I bet the twenty eight other people who lived there before don't like you anymore though.. |
I bet the twenty eight other people who lived there before don't like you anymore though.. The piece of land was bounded by 28 back gardens, mine included. Just one property, an end of terrace in the next road, had a wide side garden. The previous owner to my house had approached the owner and asked if he wanted to sell the side garden. No. I did look at the possibility of demolishing my house for access, but as it was a large detached house and not a financially viable proposition. I had been in the house nearly four years, when out of the blue, the chappy in the next road put his house up for sale and on the open market. The first thing I knew was when the For Sale sign went up. I bought it at the asking price, separated the side garden off and sold the house. Separated the land from my house. Sold the land and sold the house I was living in. Planning department had told me they wanted the small pockets of land within the City Boundary so planning permission was no problem. The neighbours appealed against the planning permission and it was thrown out. Simplicity in itself was for them to buy the house and land. Separate the land off and make a small park with a covenant on it to the benefit of ALL the neighbours. ALL would have had to agree the removal and built on. Mike |
In ,
Mike whispered softly in my ear...: . We got round the possibility by means of a complicated ( but legally binding) agreement which our neighbour was happy with. Yes. The twenty eight people who lived around the large piece of land I acquired with my house were quite happy that an agreement, 'a covenant to prevent building', was sitting on the land. My Solicitor had it removed and there are now two blocks of flats sitting on it. I didn't say it was a covenant, I said it was a legally binding agreement. ( a contract) . I am aware that it may be worth any fine for ignoring a convenant , or paying for it to be removed if the land can be used for building . -- Ticketty᧧ |
Mike wrote:
I bet the twenty eight other people who lived there before don't like you anymore though.. The piece of land was bounded by 28 back gardens, mine included. Just one property, an end of terrace in the next road, had a wide side garden. The previous owner to my house had approached the owner and asked if he wanted to sell the side garden. No. I did look at the possibility of demolishing my house for access, but as it was a large detached house and not a financially viable proposition. I had been in the house nearly four years, when out of the blue, the chappy in the next road put his house up for sale and on the open market. The first thing I knew was when the For Sale sign went up. I bought it at the asking price, separated the side garden off and sold the house. Separated the land from my house. Sold the land and sold the house I was living in. Planning department had told me they wanted the small pockets of land within the City Boundary so planning permission was no problem. The neighbours appealed against the planning permission and it was thrown out. Simplicity in itself was for them to buy the house and land. Separate the land off and make a small park with a covenant on it to the benefit of ALL the neighbours. ALL would have had to agree the removal and built on. Simplicity itself. 28 people get their organisation and some money together before one profiteer acting on his own and with a head start. A definition of "simplicity itself" with which I was previously unfamiliar. Enjoy being proud of yourself. |
I am aware that it may be worth any fine for ignoring a convenant , or paying for it to be removed if the land can be used for building . Cost nothing :-)) |
Simplicity itself. 28 people get their organisation and some money together before one profiteer acting on his own and with a head start. A definition of "simplicity itself" with which I was previously unfamiliar. Enjoy being proud of yourself. :-)) ????????????? Funny how they got themselves organised AFTER, please note AFTER I had contacted the Estate Agent, talked to my Bank for a loan, contacted the Estate Agent AGAIN, made an offer, (full asking price), instructed the Solicitor, and the SOLD sign gone up. 5 minutes work on my side? In the words of the King Net Nanny "I think not" How long does it take to sell a house up to and including exchange of contracts? I am selling property, again in Leicester, and it has taken from mid August to now to get to finalisation stage and the completion date is due to be October 15th. Don't tell me that something could not have been done sooner in the case of the property deal to stop me. No. The people sat back on a message that 'No building on this land' was in force. WRONG :-)) 'Enjoy being proud of yourself' sings out 'You lucky *******, I wish it was me' :-)))))))))) Mike |
In ,
Mike whispered softly in my ear...: I am aware that it may be worth any fine for ignoring a convenant , or paying for it to be removed if the land can be used for building . Cost nothing :-)) You have a solicitor who works for free? That is very unusual, it may not have been itemised on his bill, but I would bet my boots you paid for it -- Ticketty᧧ |
"Tickettyboo" wrote in message ... In , Mike whispered softly in my ear...: I am aware that it may be worth any fine for ignoring a convenant , or paying for it to be removed if the land can be used for building . Cost nothing :-)) You have a solicitor who works for free? That is very unusual, it may not have been itemised on his bill, but I would bet my boots you paid for it -- Ticketty᧧ Have been around for along while and never heard of any lawyer doing anything for free when it comes to legal stuff....H |
"Tickettyboo" wrote in message ... In , Mike whispered softly in my ear...: I am aware that it may be worth any fine for ignoring a convenant , or paying for it to be removed if the land can be used for building . Cost nothing :-)) You have a solicitor who works for free? That is very unusual, it may not have been itemised on his bill, but I would bet my boots you paid for it -- Ticketty᧧ Sorry, I explained it badly, there was no fee to have the covenant removed as it was not registered with Land Registry. Yes it would have been in the Solicitors 'overall' fee and no, you are correct, it was not itemised. Mike |
Pedro Popadopolous wrote in message ... Has anyone any idea to help me start negotiating? Price per acre? Thanks Hi Pedro, I should think the easiest way to find out would be to approach a local estate agent. They ought to know local land prices *and* what is legally involved. Spider |
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In article , adm
writes "Mike" wrote in message ... Yes. The twenty eight people who lived around the large piece of land I acquired with my house were quite happy that an agreement, 'a covenant to prevent building', was sitting on the land. My Solicitor had it removed and there are now two blocks of flats sitting on it. I bet the twenty eight other people who lived there before don't like you anymore though.. and this from the person that frequently posts about keeping friendly with his neighbours! -- regards andyw |
"newsb" wrote in message ... In article , adm writes "Mike" wrote in message ... Yes. The twenty eight people who lived around the large piece of land I acquired with my house were quite happy that an agreement, 'a covenant to prevent building', was sitting on the land. My Solicitor had it removed and there are now two blocks of flats sitting on it. I bet the twenty eight other people who lived there before don't like you anymore though.. and this from the person that frequently posts about keeping friendly with his neighbours! and? your point is? |
Please explain.
"martin" wrote in message ... On Fri, 30 Sep 2005 11:28:52 +0000 (UTC), "Mike" wrote: "newsb" wrote in message ... In article , adm writes "Mike" wrote in message ... Yes. The twenty eight people who lived around the large piece of land I acquired with my house were quite happy that an agreement, 'a covenant to prevent building', was sitting on the land. My Solicitor had it removed and there are now two blocks of flats sitting on it. I bet the twenty eight other people who lived there before don't like you anymore though.. and this from the person that frequently posts about keeping friendly with his neighbours! and? your point is? It's obvious. -- Martin |
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