Expert Advice on a complicated sale
We were asked to sell a beautiful barn conversion in Dunham Massey, but the title was still linked to the farmhouse that the barn was attached to so it could not legally be sold separately. However, we firmly believed that selling the barn separately from the farmhouse would realise a much greater value, on the basis that the sum of the parts was greater than the sum of the whole. There was a long and complicated list of tasks that had to undertaken to enable the barn to be sold separately. This included:
Planning permission for a separate dwelling
National Trust consent
Separate Council Tax
Separate utilities and meters
New United Utilities water supply
Septic tank inspection and replacement
Land and boundary survey for new Land Registry title plans for both properties
Definition and establishing new physical boundaries fencing
Determining shared areas and rights of way
Registering the postal address
Latent defect insurance policy (like an NHBC guarantee)
Building regulations approval and sign off.
We are pretty sure that there are few Estate Agents that would have the skill set to undertake all of the above tasks, which we project managed with our professional contacts and of course the vendor’s help.
If you have a potentially complicated sale that needs some expert advice to maximise value, contact Peter Waterson personally peter@watersons.net