Oakwood can help!
There could be many reasons for the sale of your rural property so it’s important to tailor your marketing approach to suit your property and circumstances. Rural property sales are often due to retirement, relocation or business reorganisation; at Oakwood we have put together our top tips to help when it comes to selling your rural property.
Main Objective: Keep in mind the end goal the sale. It is easy for emotions to take over and side-track the sale.
Get the Right Advice: Use a team of professionals with an experienced selling agent such as Oakwood. Take advice from your solicitor and accountant during the early stages so that you can avoid complications, potentially thousands in tax bills and be aware of any issues that may arise.
Formalise Legal Agreements: Check necessary legal structures are in place, such as. registered with HM Land Registry, make sure planning permission is in place, identify any restrictive covenants, occupancy, rights of access, services across the land.
Environment Schemes: Check if these are transferable to your buyer. Make sure that all documentation is up to date.
Diversification: Be clear about what is included in the sale. Are there any tenants who have rights to remain at the property?
Timing: It is important to launch the property to the market looking its best e.g. spring/summer. Consider the farming jobs needed to be completed beforehand.
Guide Price: It is vital to get the guide price right from the outset. The right price will generate plenty of interest from the off. The wrong price means the phone won’t ring!
Oakwood Property Services has a team of rural property specialists with deep understanding and knowledge of farming, estates, and countryside property, how they work and how to achieve the best price in the market. Please contact one of the Oakwood team to discuss.
