Owning your own home

Buy the land for 350 the house shouldn't be much more than 250/300 should it? I'm no qs tho.

My girlfriend emailed me that same link. The original details are quite impressive. Love that lintel over the doorway. But yes, the price is mental.

Subtle but vast improvement

Like @Dramatic_Hammer says people value gardens and that garden is massive. But the internals are tired and layout is awkward. You’d easily want to spend £70-100k on it. Can’t see someone paying more than £900k for it (which still seems mental).

Wonder if you could sell some of the garden to the neighbours or build down the end.

@princeperch hadn’t seen that one, not sure how the front entrance works and garden would be tiny but I might go and check it out. What would a mortgage application look like for that?!

I expect you'd need some sort of bridging loan to buy the land , a fair bit of cash to see you through the process, and then apply for staged mortgage advances as the build progresses.

At the right price it could make sense for someone but I think the vendors projected end valuation is 250k out myself.

I'd also observe that if there is 300k or so of fat in the project I'm very surprised that the developer hasnt kept it for himself. Which makes me slightly suspicious.

I reckon you should offer £875k and see.

Build an estate in the garden. Get your money back.

I mean an estate in the yoof sense. Not bequeathed sense.

i wonder if the planning approval comes with a long list of tricky conditions that will need discharging.

Doesn't even have planning permission, "The owner has completed a pre-app and full planning approval is expected mid October."

Jumping the gun on selling or what

http://planning.walthamforest.gov.uk/application-search#VIEW?RefType=APPPlanCase&KeyNo=0&KeyText=182845

Turns out it was only submitted 13th August

Was due to complete my sale tomorrow. Buyer's solicitors not responding to calls or emails.

:{

Well you might get to keep their deposit.

Just need to sell and reclaim my horrible life.

Didn't complete. Put back a week. And lost my third best & finals in a row. meh.

Beer me.

Has anyone used the dfs stain guard protection package?

Had the hardsell and am dubious about how well it works. However, I am partially sold by the stain/replace warranty package that comes with it.

Cheers.

Yes, wouldn't recommend. The sales pitch is that they apply a Scotchgard like treatment backed up by a warranty. I found that the fabric was not in fact treated, and that they are simply selling a warranty under which someone comes out and tries to remove a stain. Should this be unsuccessful, one will likely discover that most ways a stain can occur are excluded from replacement.

sofa.com peddle the same lie, but dressed up in a showroom that has a chocolate fountain

On top of the above, it also prevents you washing covers yourself, since it 'invalidates the scotch guard protective layer' or some bullshit. So you end up with un-washable sofa covers and no better protection.

I've just made my first offer on a property which was swiftly rejected. I hate the necessary evil of to-ing and fro-ing and I was way too loose lipped in the viewing that the estate agent now has a huge upper hand.

Weirdly, the property in question has a bridleway running through the back garden despite it being a small terrace house.

Does anyone have any knowledge /experience on bridleway management and whether it could drastically affect re-sale?

you can host your own gravel cycling events!

@mespilus knows about woodland management things, although I don't know if you need bridleway specific things?

Excellent idea

I wouldn't classify it as woodland, its current state is a 3m by 1m area of gravel, cigarette butts and nettles

I think it was originally a coal delivery access path as the far end properties on the road are cut off by a railway

But apparently I need to keep it clear for horses

Is it a right of way?