How much can I charge?

[tommyurray]

Hi Stroller
Warm seat seems to think you should give away your business assets for nothing!
I work on three valuations friends n family (low)
Others ( fair in my opinion perhaps not theirs)
Those I don’t like ( I’m going to screw you stupid)
First work out which catogory he falls into and decide what is the least you want
Remember he can use a treatment plant and pump up hill and install a soak away there what is it worth to him not to have to destroy his garden
If you don’t want to get involved directly in the price conversation as him if he is willing to pay your land agents costs deal or no deal and legals if you come to a agreement this gives you time to think out your responses .warmseat seems to think farmers are financially astute look at what farm contractors charge then look at industry charges for the same job know which margin I’d rather have

 

[steveR]

Personally I think I'd go do the route of offering a personal wayleave to him as resident of the property only, non-transferable, for no more than him paying your legal costs. That way he can go on living there for as long as he likes without having to pay very much, but if he wants to sell up and get a cash benefit from your generosity he'd have to offer you a hefty sum to make the wayleave saleable. So as the property would be for sale, he'd have the cash to hand to pay you (or your heirs).

Nice idea. Make sure that any wayleave or Covenant is properly drawn up with cast iron safety clauses... Get someone who really knows land law, not your local jobbing Solicitor.

Seeing the results of a poorly written restrictive Covenant locally, and its costing the holder serious money now to protect his right from a speculator! Not good.

 

[tommyurray]

Nice idea. Make sure that any wayleave or Covenant is properly drawn up with cast iron safety clauses... Get someone who really knows land law, not your local jobbing Solicitor.

Seeing the results of a poorly written restrictive Covenant locally, and its costing the holder serious money now to protect his right from a speculator! Not good.

No I wouldn’t give a wayleave as law changes all the time and he may be viewed as a Tennant with a right to buy in the future a bit likelease holders in England just now
I’d keep it as a clean cash deal or no deal

 

[stroller]

Went to see him last week, he still thinks I ought to sell him a small patch for agricultural rates!

 

[Rob Holmes]

You only get to sell it once

 

[Sharpy]

Went to see him last week, he still thinks I ought to sell him a small patch for agricultural rates!

Offer to swap for an equivalent area of his garden, you choose where? Oh, and he pays your legal fees and all fencing costs.
The above may put things in perspective for him......

 

[steveR]

No I wouldn’t give a wayleave as law changes all the time and he may be viewed as a Tennant with a right to buy in the future a bit likelease holders in England just now
I’d keep it as a clean cash deal or no deal

Point... Although a RTB on wayleaves would be pretty radical step for any Govt!!

 

[steveR]

Went to see him last week, he still thinks I ought to sell him a small patch for agricultural rates!

Deffo need to see an Agent then. The calcs for a "garden land" sale is one that every agent will have in his head, and this is how I would see the sale of your land to him. The sale will add hugely to the value of the property.

As Tommyurray says, get the householders agreement that he will cover your costs, if won't play ball, then suggest he fixes up the old septic tank... It's still legal at the moment

 

[tommyurray]

Point... Although a RTB on wayleaves would be pretty radical step for any Govt!!

Yes it would be a radical step but we may be heading for a radical government next
This one is too concerned about trying to remain a single party to bother about anything much

 

[steveR]

Yes it would be a radical step but we may be heading for a radical government next

This one is too concerned about trying to remain a single party to bother about anything much

Well, as a Govt, our present incumbents are doing SFA in the Governing stakes!

 

[tommyurray]

Went to see him last week, he still thinks I ought to sell him a small patch for agricultural rates!

TheN forget about it and leave it to him to approach you then show no interest in doing a deal it will make him think long and hard about who neeeds a deal

 

[tommyurray]

Well, as a Govt, our present incumbents are doing SFA in the Governing stakes!

Agreed
But in the words of the late Ronald Reagan
Don’t just do something stand there
There might just be more than a little truth in that when did the government last do something good for you?

 

[Smith31]

With respect to the landowner, I appreciate that you can charge what you like for your land, that's not the issue.

However,the homeowner is not going to pay hundreds of thousands of pounds for a patch of ground, if he can install a pump for several hundred pounds and use his own garden space.

He is a businessman similar to most farmers. In all honesty what would we do in his position ,spend thousands on land and be shafted hard or a few hundred on a pump?.

Its not building land so has very little potential it can't even be used as a garden without planning permission.

 

[Goweresque]

No I wouldn’t give a wayleave as law changes all the time and he may be viewed as a Tennant with a right to buy in the future a bit likelease holders in England just now
I’d keep it as a clean cash deal or no deal

He's already got a wayleave, for the existing septic tank and old soakaway. So in the highly unlikely event of wayleaves being converted into a right to buy (of what I have no idea), he would already qualify. The issue is that he has no right under the existing wayleave to replace the soakaway with a new one, merely to maintain the existing one. So in order to get a legally compliant soakaway he needs a new wayleave to allow him to install a building regs compliant soakaway. So if the OP grants a new wayleave it merely replaces the existing one. Either way the OP has land subject to a wayleave.

 

[tommyurray]

With respect to the landowner, I appreciate that you can charge what you like for your land, that's not the issue.

However,the homeowner is not going to pay hundreds of thousands of pounds for a patch of ground, if he can install a pump for several hundred pounds and use his own garden space.

He is a businessman similar to most farmers. In all honesty what would we do in his position ,spend thousands on land and be shafted hard or a few hundred on a pump?.

Its not building land so has very little potential it can't even be used as a garden without planning permission.

 

[tommyurray]

With respect to the landowner, I appreciate that you can charge what you like for your land, that's not the issue.

However,the homeowner is not going to pay hundreds of thousands of pounds for a patch of ground, if he can install a pump for several hundred pounds and use his own garden space.

He is a businessman similar to most farmers. In all honesty what would we do in his position ,spend thousands on land and be shafted hard or a few hundred on a pump?.

Its not building land so has very little potential it can't even be used as a garden without planning permission.

Hi smith31
I have a pair of semi detached that I am starting this year if you think you can install a herring bone soak away with all the materials required in a garden area complete with a pump and reinstate the surface area for a few hundred pounds would you fancy doing all my groundwork’s for me I will even supply accomidation for free

 

[tommyurray]

He's already got a wayleave, for the existing septic tank and old soakaway. So in the highly unlikely event of wayleaves being converted into a right to buy (of what I have no idea), he would already qualify. The issue is that he has no right under the existing wayleave to replace the soakaway with a new one, merely to maintain the existing one. So in order to get a legally compliant soakaway he needs a new wayleave to allow him to install a building regs compliant soakaway. So if the OP grants a new wayleave it merely replaces the existing one. Either way the OP has land subject to a wayleave.

Sorry I should have said i would not upgrade the way leave

 

[SeatWarmer]

Hi Stroller
Warm seat seems to think you should give away your business assets for nothing!

When did I say that?

 

[tommyurray]

When did I say that?

It was inferred by the what can you charge and what can you get also comments also on size of house and potential wealth of the individual.
People will pay what they feel something is worth to them if you have a large assets you will pay more than someone whose arse is trailing along the ground also what do you call the land for valuing agri ,garden or ransom strip.In business your aim is to havehappy clients NOT perfectly happy clients if your clients are perfectly happy you are not charging enough!
This guy seems to want to buy strollers land at agri value I’d have a real hard line on that approach perhaps stroller should charge the same per square meter that the council would charge for a burial plot so let’s say £800 for a 2x1 meter plot on which you can bury something which effluent will come out of.I would not expect £400000/ha for but it is a valid negotiating point for countering the agri value
You run a business not a charity and if you run a ltd business it is your legal responsibility to obtain as much as possible for all the shareholders.
I had two similar situations
One was a young local couple building their first house to live in together they needed a visibility wayleave from me all I asked was they pay all legal fees.
The other was was wealthy retired gentleman who wanted to lord of the manor he needed to widen his drive entrance all I asked for was my daily paper to go on his account he agreed and never paid a penny (gentleman’s agreement) forward 20 years and he tries to sell his 2 house’s (they also objected to a planning application of mine 2 years of fish slurry spread on field next to house)I take back my bit of his drive he asked for a bit of the field (which I am his tennant on)to access one house so it gives privacy to main house he refuses my extortionate (his opinion)demand forward 3years of trying to sell his house he manages a sale for 300k less than the original asking price so was my request for 9 acres for access such a bad offer? I’d value the field at 20-25K

 

[SeatWarmer]

It was inferred by the what can you charge and what can you get also comments also on size of house and potential wealth of the individual.
People will pay what they feel something is worth to them if you have a large assets you will pay more than someone whose arse is trailing along the ground also what do you call the land for valuing agri ,garden or ransom strip.In business your aim is to havehappy clients NOT perfectly happy clients if your clients are perfectly happy you are not charging enough!
This guy seems to want to buy strollers land at agri value I’d have a real hard line on that approach perhaps stroller should charge the same per square meter that the council would charge for a burial plot so let’s say £800 for a 2x1 meter plot on which you can bury something which effluent will come out of.I would not expect £400000/ha for but it is a valid negotiating point for countering the agri value
You run a business not a charity and if you run a ltd business it is your legal responsibility to obtain as much as possible for all the shareholders.
I had two similar situations
One was a young local couple building their first house to live in together they needed a visibility wayleave from me all I asked was they pay all legal fees.
The other was was wealthy retired gentleman who wanted to lord of the manor he needed to widen his drive entrance all I asked for was my daily paper to go on his account he agreed and never paid a penny (gentleman’s agreement) forward 20 years and he tries to sell his 2 house’s (they also objected to a planning application of mine 2 years of fish slurry spread on field next to house)I take back my bit of his drive he asked for a bit of the field (which I am his tennant on)to access one house so it gives privacy to main house he refuses my extortionate (his opinion)demand forward 3years of trying to sell his house he manages a sale for 300k less than the original asking price so was my request for 9 acres for access such a bad offer? I’d value the field at 20-25K

So what you're saying in that rather long winded and unnecessary reply is that I in-fact did not think or imply that he should give away his business assets for free?

The point I was making was that if the current tank had become damaged by strollers machinery, or his contractors machinery then surely they could come to a civil and friendly agreement. But I don't know either party personally so I have no idea if there has been previous issues or generally what they are like as people.

I certainly did not ever think, say or imply that he should roll over and hand the guy some of his land for no return.