Selling land can be a difficult task simply because the majority of high street estate agents do not regularly deal in land for sale. The Internet has helped with this problem - land buyers can more easily find land for sale on web sites such as ours.
Once the decision to sell has been made, two questions arise;
How do I value the land?
Where do I sell my land?
With the scarcity of land for development a growing number of people are looking to sell a garden plot but as land novices quickly find out, when selling land you enter different market place to that of traditional property.
There are a number of land agents who buy land for their land banks. The lower cost of land compared that of bricks and mortar property allows land agents to buy land themselves rather than acting as a middle man for a vendor.
We have published a list of land agents to help you locate one in your area.
To gain an approximate value of the land look through other land sales adverts such as those found in the Market Place, web sites, self build magazines and local newspapers.
Having found land in a similar area you can approximate the value by comparing the size of the plot and the level of planning permission. Land with planning permission, on average, would be worth around eight to ten times the value of land without approved planning.
It is this gain that makes many people take the time to obtain planning permission before selling land.
The legal side
Once a buyer is found, use a solicitor to act on your behalf to see the process through. A solicitor can draw up a contract of sale and ensure the legal documentation is completed.
Selling My Land
For people wishing to sell land privately they can do so through a growing number of websites. One such site is Building Plot who, despite the name, provide a free advertising service for private individuals selling land, from under 1 acre to over 200 acres throughout the UK.
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