Two things spring to mind when reading this:
- Planning permission is not guarenteed, regardless of whether there are similar cases nearby
- First thing I'd check if you're planning to demolish an old garage is whether there is any asbestos in it. If there is, demolition is likely to prove expensive.
I am going to an auction soon to try to buy a property:
I know that the basic rules of going to an auction includes
- The property has an old garage that will have to be fully demolished to build a new house. So, you are buying a site...
- The property will need to be changed from Commercial to Residential. This should not be a problem as the neighbour did it with a very similar property/case (I know him personally)
I get using an engineer if you want to check if the house structure is sound... However, if you intend to demolish the property, would getting an engineer be really needed? What can he/she check?
- engineer inspecting the property
- Solicitor checking the title deeds
Thanks
invariably a solicitor will warn against buying at auction , they are so inherently ubber cautious and terrified of anything which isnt vanilla that their default position is to tell you not to proceed
based on experience , i think its often better to simply either be willing to walk away or take a chance with auctions and be prepared to deal with whatever comes afterwards as solicitors are not much help , covering their proverbial is their only real priority despite all the fancy dressed up jargon
I see
Yes, they will be of no help for all complications that can come after buying. Their only help is checking the deeds as far as I understand?
not what i meant at all , solicitors are an inherently cautious bunch , to the point of advising against as a default position , auctions are far more risky than private sales in that you are wed to buying once the gavel drops , if you are prepared to deal with potential unseen issues in the aftermath , the solicitor will of course be needed and most likely will be able to resolve outstanding issues
i know im generalising but ive yet to meet a solicitor who recommended taking a chance on anything , no matter how big or small , there is a degree of going with your gut when it comes to auctions
not what i meant at all , solicitors are an inherently cautious bunch , to the point of advising against as a default position , auctions are far more risky than private sales in that you are wed to buying once the gavel drops , if you are prepared to deal with potential unseen issues in the aftermath , the solicitor will of course be needed and most likely will be able to resolve outstanding issues
i know im generalising but ive yet to meet a solicitor who recommended taking a chance on anything , no matter how big or small , there is a degree of going with your gut when it comes to auctions
Solicitors always exaggerate potential issues
That's their job! A good solicitor is one who is overly cautious and crosses the t's and dots the i's.
I bought a property a few years back and there were issues with a right of way. My solicitor made sure everything was spot on before he signed off on the purchase - despite all the pressure coming from the seller's side so close quickly. He took his time and I'm forever grateful that he did. All fell on the seller and his solicitor to sort and it took the bones of six months to fix. But fixed it was.
My solicitor was well worth his fee.
Caveat emptor buying at auction if you don't do the full research. No solicitor be able will fix your title/legal issues adequately if you commit to buying a pup.
With auctions, they won't give there blessing to almost everything as you are bound to follow through
But you can't blame them for taking that stance.
If they give their blessing for an auction purchase and it goes belly up, they know they'll be blamed as they're the professionals who said go right ahead and bid like mad.
This is just nonsense. Ignore all of it. I've had clients "go with their gut" (what does gut know or have anything to do with it?) at auction and seen them landed with title issues that will dog them if they ever want to sell.
mf
very few issues cannot be resolved eventually if enough time and money is invested , that the deal looks foggy from the outset is the very reason value can be available , it deters most people from bidding
solicitors get paid irrespective of whether they like the smell of a deal or not so they invariably advise against when dealing with even the tiniest sign of a grey area , they wont even describe how unpalatable something is on any kind of scale , what looks like a one in terms of risk to most people is an automatic ten to a solicitor , they have a very easy job for the most part
Could you have a chat with the local Planning Officer to get an idea what might be allowed there ie. complete demolition/re-build residential/commercial etc.
As that was a garage were there petrol pumps there with underground tanks or any other nasties?
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