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Type: Posts; User: LCS

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  1. Thread: Boundary claims

    by LCS
    Replies
    10
    Views
    8,114

    I might be a bit late on this one but anyway... ...

    I might be a bit late on this one but anyway...

    It all sounds like rather petty behaviour from your neighbour. Lawyers are next to useless until you have proof of the boundary position.

    Tell...
  2. Thread: Cross lease

    by LCS
    Replies
    4
    Views
    1,144

    I can see why you would be interested, that is a...

    I can see why you would be interested, that is a good yield if the tenancy rates are good.

    Another thing to check before buying is that the current cross lease (flats) plan matches the building on...
  3. Thread: Cross lease

    by LCS
    Replies
    4
    Views
    1,144

    I owned a cross lease for a while & never had any...

    I owned a cross lease for a while & never had any issues with insurance but never had to claim on it either. The major issue for most is with changes to the footprint of the property. If you don't...
  4. Some councils will discount the fees...

    Some councils will discount the fees automatically for every day over 20 days. There are some that don't. If they do take longer than 20 days I would certainly ask for a discount.
  5. In theory they have 20 working days to approve or...

    In theory they have 20 working days to approve or deny the application if it isn't notified. Inside of that they have 5-10 days to request more information, return the application as incomplete or...
  6. Replies
    11
    Views
    8,076

    I suspect that unless it is for road widening,...

    I suspect that unless it is for road widening, the council won't be able to help you.

    The details of it will be in the title documents including the position of it and why it is there. A surveyor...
  7. Replies
    3
    Views
    1,617

    I am a surveyor but have no experience in...

    I am a surveyor but have no experience in Wellington so can only give you a rough idea based on work I have done in the Manawatu. For council application fees & development contributions you can ask...
  8. The information about the amount you have to pay...

    The information about the amount you have to pay will be attached to the building consent but you still shouldn't have to pay it until the build is complete & CCC is ready to be issued. Generally you...
  9. There are two opportunities for council to...

    There are two opportunities for council to require payment of development contributions - either prior to issue of CCC or prior to issue of the 224 certificate (if subdividing). Whichever comes first.
  10. He can sell it to you but for it to be legal (in...

    He can sell it to you but for it to be legal (in most cases) you would need to do a boundary adjustment which is a form of subdivision but has less costs & conditions than a normal subdivision. In...
  11. It isn't just a matter of changing the name,...

    It isn't just a matter of changing the name, Cross lease was originally bought in as a cheaper version of subdivision (less planning & survey requirements) and the two used to exist side by side.
    ...
  12. Thread: Easement

    by LCS
    Replies
    5
    Views
    3,297

    It depends on the details contained within the...

    It depends on the details contained within the easement documentation, the document will usually set out who can use the ROW & who is responsible for the maintenance of it. Probably best to check...
  13. I would contacting someone at the council and...

    I would contacting someone at the council and making them put things right, I suggest the engineer who is managing the construction contract. The people making the mess (or their boss) should be able...
  14. Replies
    24
    Views
    40,624

    Probably depends on the size of the shed. If it...

    Probably depends on the size of the shed. If it is big enough to count as an 'accessory building' then you will have to check the local council rules about yard distances. Possibly best to contact...
  15. Replies
    49
    Views
    17,844

    Good to see people being proactive in getting...

    Good to see people being proactive in getting these sorts of groups together.

    I fit the age bracket, 31, 2 properties (1 rental, 1 do-up & subdivide) plus I also work in the land development...
  16. No not Auckland. I imagine it will cost more...

    No not Auckland.

    I imagine it will cost more up there, mostly in terms of the council fees. The surveying costs shouldn't be that much more. For the job I mentioned the council costs were around...
  17. Cheaper than subdivision, especially if both...

    Cheaper than subdivision, especially if both properties already have buildings on them because then the services are already there and no development contributions are payable. We have done a...
  18. A huge deposit or a decent valuation. I got a...

    A huge deposit or a decent valuation.

    I got a second property with only 5% deposit and no security over the first property. It was a marginal decision but the valuation was good enough that they...
  19. Thread: Offset Account

    by LCS
    Replies
    3
    Views
    1,878

    I am a bit confused by what you are asking but...

    I am a bit confused by what you are asking but this is my answer based on my interpretation of the question.

    With an offset account, the 'interest only' loan payment will decrease which will leave...
  20. I think the simple answer is yes. You can buy a...

    I think the simple answer is yes. You can buy a 2nd property without having them secured against each other but the new bank will need to know that you have mortgage payments to make elsewhere so...
  21. you might be able to get it cheaper depending on...

    you might be able to get it cheaper depending on what the local councils & surveyors charge, or if you were really keen & know your way through a district plan you could possibly even do the consent...
  22. Council fees for the consent & certification to...

    Council fees for the consent & certification to subdivide.

    If it is a piece of land adjoining yours, i.e. a boundary adjustment instead of a subdivision, it will reduce the costs because you don't...
  23. Replies
    6
    Views
    1,803

    If you have any reason to think the current...

    If you have any reason to think the current fences might not be accurate, then yes.

    Provided that the surveyor is playing by the rules then the expensive part is putting the legal boundary pegs...
  24. Replies
    11
    Views
    3,726

    $100,000 in council fees sounds high even by...

    $100,000 in council fees sounds high even by Auckland standards, I imagine that amount includes development contributions which shouldn't apply in this case given that the building has already been...
  25. Replies
    5
    Views
    2,062

    Currently wishing my filing month was July! An...

    Currently wishing my filing month was July!

    An especially good earner given that all the work is automated & done online in about 2 minutes
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