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Starting the conversation

Square Feet

Entry posted by Square Feet in General

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I’m totally agnostic but I think there is something in the bible about ‘thoughts becoming flesh’ and the dangers thereof. I’ve seen this concept given a positive spin by motivational gurus and I think there’s something to the idea that by thinking about something enough we can cause things to start to happen. You are just much more likely to make the appropriate choices that will lead you along the required path if your head is already in that space. The next step which creates a very scary momentum all of its own is actually voicing these thoughts and ideas to other people - very quickly these then go from ‘I am thinking of’ or ‘I might’ to ‘I am going to’. Suddenly there are no excuses or reasons to delay. It’s happening. This is the jump I have taken since my previous blog posts (which have in themselves also been an act of ‘starting the conversation’).

 

People I have been speaking to re the house build:

 

Gus Potter - structural engineer/designer/former builder

Gus and I had a two hour phone conversation that was incredibly useful and informative. It’s hard when all the ideas live in your own head and it’s easy for the fear and doubt to kick in, but hearing Gus agree with many of the choices I plan on making was a phenomenal endorsement and morale boost. He also raised a lot of points which I hadn’t considered which have been extremely useful in mapping out this project in my head and hopefully avoiding pitfalls along the way. As a result of the call I felt a lot clearer as to the next steps I need to take. 

 

Estate agents all over the borders

I’ve seen a plot that I would like to make serious moves on, but it seemed wise first to physically call in to all the agents I could find in the Borders to ask them if they are aware of any plots in the planning pipeline or such that will come to the market soonish. Planning is a lengthy process after all and so it was possible there might be plots out there that agents know about but which can’t be seen yet by Joe Public. There weren’t, but at least I know that now. The other thing to do would be to scour the planning notices, but I haven’t done that yet.

 

The owner of the plot

I got frustrated at not hearing back from the selling agents regarding the plot I was interested in so I contacted the owner directly via an email address I found on the planning portal notices. Initially I got crickets there too and both myself and the agents started to worry that he might be incapacitated somehow but it turned out he was just abroad and not very good at checking emails. On his return he replied to both myself and the agents and was kind enough to agree to meet me for coffee and a chat. I really enjoyed meeting him - he is a bit of a kindred spirit I think and it seemed as though the discussion went well. I recently sold a property to a guy who was an absolute dick in negotiations and the contrast with Mr Plot Owner couldn’t have been greater. He was emotionally mature, open, honest and straightforward and our conversation was friendly, civil and respectful. I wanted to explain to him in person why I think it is that his plot hasn’t sold in several years on the market and why the offer I would be making him was considerably lower than the asking price. By doing so I hope that he won’t automatically reject it and feel angry/pissed off/upset/disrespected by it. He is a really nice guy and I got the feeling that he would like to sell it to someone who loves the plot as much as he does and also has strong local connections. Whilst I tick those boxes I think it’s fair to say that he was disappointed in my offer. I’m sure he would like to get more for the plot, but unfortunately I can’t offer him any more. It seemed worth a punt to ask the question - I’d be gutted if I saw the plot reduced to what I would have paid at some point in the future when I had already committed to a compromise plot I don’t like as much. He was generous enough to not reject it right away but instead to say that he would think about it and talk it over with his partner before getting back to me sometime next week. I can ask no more than that.

 

Other things I’ve been doing to prep

 

Watching YouTube videos of Robin Clevett and others who stick-build.

Selling my possessions on eBay to raise funds.

Optimising the return on my savings.

Working on the renovation of my flat which will need to be sold to fund the build.

Working on a rough house plan layout to prepare for the PPP application.

Learning about products and materials.

Financial planning based on my convo with Gus - vaguely Gantt structure.

Quietly crapping myself.

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Mr Punter

Mr Punter 2763

Posted

If it is the case that you could buy the plot without needing to sell your place it would be a more compelling proposition.  Is your offer subject to anything else (planning, easements, etc.)?

Square Feet

Square Feet 87

Posted

2 hours ago, Mr Punter said:

If it is the case that you could buy the plot without needing to sell your place it would be a more compelling proposition.  Is your offer subject to anything else (planning, easements, etc.)?

I have only made a verbal offer so far so I can take advice from my solicitor if/when it comes time to put in a formal offer. Just now I'm waiting to hear what the guy says.

I won't have to pay for the plot until I have the planning that I am happy with. Even if planning sails through first time I can still say that I am not happy with it and back out, though I am not looking to mess anyone around.  A subject to planning offer won't lock me in, but will lock the plot in for me exclusively for a period of time which will be agreed later ie a year. Once I have planning I can get an Ecology plot mortgage as I will have full planning in place, which is what they require.  At that point I could move onto the plot in a caravan if my flat sells. I am not going to put it on the market until next Easter at the earliest anyway so it would all tie in well as long as the flat doesn't hang around for ages unsold.

JohnMo

JohnMo 4346

Posted

51 minutes ago, Square Feet said:

Even if planning sails through first time I can still say that I am not happy with it and back out, though

Could he also sell if a better offer came along.

 

Would suspect his and your solicitor will come up with a very different scheme.

Square Feet

Square Feet 87

Posted

56 minutes ago, JohnMo said:

Could he also sell if a better offer came along.

 

Would suspect his and your solicitor will come up with a very different scheme.

Once it's under offer we don't allow gazumping here in Scotland. 

JohnMo

JohnMo 4346

Posted

Not quite correct, you need signed missives by both parties to fully legally binding.  And this only gets done at the end of proceedings now - it used to be done at the start of proceedings.

 

So don't count on it. 

Square Feet

Square Feet 87

Posted

I honestly don't know of any solicitors that would allow it. It just doesn't happen here. 

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