Friday, June 26, 2009

Land Registry Searches - An Overview To Save You Money

Land registry searches is easier to do, than you might think! it will cost you 3 pounds stirling for a simple search i.e. names of owner price paid (if known) etc. For another 3 pounds you can get the map of the property. This map will provide details of boundaries etc. it is easy to go on the internet and using the search term "land registry searches." you will find the official government land registry website.

Their are companies who will charge you 150 pounds for the same search so let the buyer be aware!

Ownership and maintenance of property boundaries is reflected by what is stated in the documents of title. However these are not necessarily set in stone as your or there lawyer/solicitor could have made a mistake. Therefore the most economical way to settle a boundary dispute is to obtain all of the registered documents for each adjoining property and to check for yourself what is said about the boundaries, make sure you understand the expense if you decide to take legal action.

Keep on good terms with your neighbour and look for a mutally beneficial solution. Do not get a firm grip on an empty sack! Their are plenty of people who have ended up with a large bill running into several thousands over just a few sq metres of land!

The various residential property price reports provides a detailed and authoritative insight into what is actually happening to average prices and sales volumes in the residential property market for England and Wales. The media often blows out of proportion what is actually happening in the property market place, the land registry searches site gives you what is actually happening, not fear or speculation!

The report is intended to complement information available from other sources. Any comparison with other data should have regard to the differences in volume, timeliness and coverage of contributing transactions.

The data in the main report, which covers the whole of England and Wales, is broken down by property type and by County and Unitary Authority, to include the new Unitary Authorities introduced on April 1, 1997. The figures also incorporate average prices and number of sales within Greater London by individual London Boroughs. Sales in this context are taken to mean the transfer of ownership for value of freehold and long leasehold residential properties, whether or not the purchase was supported by a mortgage. A breakdown of the average sale prices of old and new properties by property type is also incorporated.

No weighting or adjustment is applied to the information collected to reflect any seasonal or other factors- The price data can be said to be actual unadjusted averages, drawn from the great majority of all residential sales in England and Wales completed during the period.

Around sixty per cent of England and Wales is currently registered with Land Registry and more and as time goes on more discerning people are choosing to register their property, via their legal channels. Although land and property registration is not compulsory until land is actually sold or mortgaged, making a voluntary application brings many advantages to give you peace of mind, i.e. you can sleep at nights if ever there was a dispute.

Remember registering your land proves you own your land. It protects you against claims on your land if someone were to try to steal it and is the most effective way to bring all your documentation up to date. It also gives you the added bonus that your title register is easily accessible online, make sure you check this information with your solicitor or legal land conveyencer.

About the Author

Derek is a land owner and business owner and proud of it. Land registry searches can be inexpensive if you know how. How to get a patent is also a simple process if you seek the right information.

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Sunday, June 21, 2009

Tips to Successful Business Negotiation

Successful business negotiation can be worth a great deal to your business. It can mean the difference between securing a contract and losing a contract, and has the potential to be worth untold amounts of money to your business in the longer term. Thus, it's no surprise that good negotiators tend to go far in business.

Negotiation is relevant when it comes to closing contracts on favorable terms with suppliers and also during the sales process when dealing with potentially profitable clients and existing customers. For the business owner looking to close more profitable sales, learning the basics of negotiation is critical, and probably one of the most important skill to acquire early on.

The first thing to understand about business negotiation is that it's all about give and take except when you are negotiating a one off purchase. In this scenario, building and maintaining a relationship has almost zero value and you can definitely afford to be more ruthless. In this article I am looking at how you can negotiate effectively and create a long term business relationship in the process.

It is a good idea to do your research first and find out how the hungry the other party is for clinching a deal and / or gaining a new customer. Companies that are entering a new market will often be willing to make a loss in the first few years to rapidly build up a client base, whilst more established businesses will be looking to make a profit, however small, on every deal.

Obviously when negotiating in business you are out to get the best deal for your business, but it's important to understand that these objectives are mirrored on the other side of the table, and very few shrewd businessmen will be willing to allow such a one-sided negotiation where only one party wins. Therefore it's important to distinguish between what you must achieve and what the other party desires.

Mutual negotiation, on a psychological level, where it may appear that there has been some form of compromise, can have a significant effect on closing sales and negotiating contracts, and can leave the other party to the negotiation feeling as though both parties have got the best deal.

When involved in business negotiation, a key skill is to listen to what the other party is trying to achieve and then to try to understand their personal motivations during the negotiation process. This can help you understand more readily what the other side of the table desires, thereby enabling you to come up with suggestions that may help the deal through.

Don't fall into the trap of forcing yourself onto the other side. Listen to what they have to say, and put yourself in their shoes to understand their objectives before taking things forward. It's also a good idea to be relatively cagey in terms of what you desire, and revealing this too early in the negotiation process offers a key opportunity to the other side to negotiate a bargain at your expense.

Initially, after you have found out what requirements the other party has, start off by asking for more favorable terms then you are willing to settle for, thus building in some leeway for "giving in" to the requirements of the other side. Sometimes it is a good idea to walk away on friendly terms and reconvene another meeting at a later date after the first rejection.

Finally, negotiation is best conducted on friendly, personal terms. It's easy to create a positive relationship with the other party prior to negotiation, simply through the way you talk and interact with them in the pre-negotiation stages.

Knowledge is power and negotiation in business is very much about understanding other people and their plans, motivations and desires. People respond better to those that they share a good personal bond and for the limited effort required to achieve that bond it is well worth it.

About the Author

Naz Daud - CityLocal Franchises Business Franchise Opportunities and Business Directory Franchise Business & Internet Opportunity Ireland Franchise Opportunity & Business Directory Working from Home

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