Exchanged and Completed (3rd June 2011)

All the paper work, the money transfers etc. are done and during the afternoon on Friday the 3rd of June 2011, I exchanged and completed on the same day, so Silver Spray changed hands to me.

Waited for Olivia to get down from London to go round with the keys that I got from the estate agents in Truro.

Over the weekend had a dozen or so friends round for a late Saturday BBQ. Slept over on a camping inflatable mattress listening to the sea. Another BBQ looking out at the view on Sunday. Just Khalil, Olivia, Pebbles & I.

On Monday phoned Cornwall Council re the council tax, also liaised with utilities to transfer those aspects over.

Purchase surveys are in

Mining Survey

As I knew, there is a mine tunnel under the property. What the survey doesn’t pick out is that the entrance to this is at beach level which is 10’s of meters of rock etc. below the property.

The survey recommended a further site check for cracks etc. There are none that I can see! I spoke with the surveyor that would do this and he said that as the plan is to take down the current building, there is no point. He did recommend that a foundations inspection is done at that stage of the project. That makes sense, they can see a lot more from the foundation trenches etc. than the would be able to see from the current site and buildings (including from the neighbours.

Cornwall Council Survey

This did bring up a few interesting points:

  • There is a (1970) restriction to permitted development preventing caravans on the property.
    • This has since been removed by “my lawyer”.
  • The full house address seems to be:
    Silver Spray
    Tregundy Lane
    Droskyn Point
    Perranporth
    Cornwall
    TR6 0GS

A busy week, meeting the current owner, the neighbours and getting some property history.

Well it’s been a busy week for me in relation to Silver Spray.

I’ve met the current owner of Silver Spray, the neighbours on both sides of the property and progressed the purchase.

The neighbours up the slope have a fantastic upside down house, with the lounge, kitchen etc in a massive open plan upstairs. Down slope they are expanding the house back into the garden to accommodate an expanding family.

For the purchase, the money is now waiting in my account, both myself and the seller have filled out all of our paperwork. So it’s with the lawyers for the contract and searches. Cornwall council cut backs mean these now take about 3 weeks. The initial lawyer work means I’ve got copies of the historical sales (conveyances) of the property:

  • 18 January 1978 it was sold for £11,500 to the parents of the current owner. They have sadly passed on, and their son is selling the property.
  • 11 October 1933 it was sold for £78
  • The road that is now Tregundy Lane appears to have historically been called Watch House Road. It might be nice to rename the house “Watch House”.