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Showing results for tags 'splitting title'.
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Evening everyone. The land/property I am looking to buy is an end of terrace plot which the owner of the last house has obtained PP to build a 2 storey house on and will be splitting the title for and then selling. Currently, there is an extension on that land the footprint of which is the same as the eventual houses. The extension was build in the 70s and there are no plans, certificates, or detailed planning documents. On the council's planning portal it just has the date of the application for an extension and that it was granted, without any further details. The extension has garage shutters on the outside but has for a long time been used by the current owner as a habitable room. On the new planning application is was put down as storage and bathroom. My question is, when the current owner applies to split the title of the property (and I have no idea how that process works), what is likely to become of that structure? Can it, for example, be registered as some sort of habitable space as it is? The new planning permission mentions "Subdivision of site involving demolition of garage and erection of an end of terrace 2 bed single family dwelling." One of the main reasons for asking is that between dividing the property and beginning construction may be a year or two and we would rather try to let the building in the meantime. Does anyone have any experience or clue about what would happen here and is there anything we can/should do to ensure that is feasible? I am attaching pictures of relevant parts of the application.
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Does anyone have experience of splitting titles? The situation is that I am looking at a detached house with a separate cottage, currently on a single title. The plan might be to extend the cottage, split the titles, and sell one or the other as a separate property. I am estimating 10-12k plus 5k contingency for service splitting (elec, gas, water, phone) and fees, given that there is nothing difficult (it is all in the nearby road) and no insurmountable planning constraints as far as I know. The only new gas supply I ran in recently to a property was Am I allowed now to leave 2 properties teed off a single shared water supply with separate meters at the property? Obviously it may make sense to move into one or the other first for CGT reasons. I don't need advice on that point. Thanks for any experiences. Ferdinand