Buying a Woodland

Buying a woodland from Woods4Sale should be a straightforward process. We suggest you look at a few before you decide on the one you would like to buy.

A visit to the woodland is essential before you confirm you wish to buy it. We reserve the right to refuse to sell any woodland to purchasers who have not been to see it first.

We sell woodlands in one of two ways:

1. Fixed price (this is how we sell the majority of our woodlands)

With this method the price of the woodland is fixed and we will not negotiate on the price.

Once you have viewed a woodland and decided you wish to buy it, please send an email confirming this to info@woods4sale.co.uk with the following information:

  • The name and price of the woodland.
  • Confirmation that you have viewed the property.
  • Your full name, address and phone numbers.
  • The name and address of your solicitor (who has been instructed).

At this point, the woodland will be taken off the market and marked as sold on our website. We will not then accept any other offers.

We have a list of solicitors who are experienced in woodland conveyancing. Please visit the Recommended Solicitors page of this website. A solicitor should charge between £600 and £900 (excluding VAT) for this work, and we recommend that you agree a fixed fee in advance. Other costs include recording the land registry title (£20-£40 for woodlands up to £80,000). Search fees can vary from £50 to £150. Stamp duty only applies to woodland purchases in excess of £150,000. We suggest you ask your solicitor to include these items in any estimate.

2. Offers invited

With this method we invite offers in the region of the advertised guide price. This is a competitive negotiation and the highest bidder will usually be successful, although we reserve the right not to accept any bid.

Interested parties are requested to register their interest with us in order that we can keep them informed of the sale progress.

Once your offer has been accepted, the woodland will be taken off the market and marked as sold on our website. We will not then accept any other offers.

The Conveyancing Process

We ask all buyers to maintain regular contact with their solicitors to keep the process moving and ensure a reasonably fast turn­around of documents.

English and Welsh Properties

The conveyancing should take no more than four weeks.

Conveyancing in England and Wales can be broken down into the following stages:

  1. You write to us confirming you want to purchase a particular woodland.
  2. The seller’s solicitor writes to your solicitor with a draft contract and a plan (map) of the woodland.
  3. Your solicitor sends off for local searches.
  4. Your solicitor sends “pre-contract enquiries” to the seller’s solicitor.
  5. They reply to your solicitor's enquiries.
  6. When all parties are happy with the contract, it is signed.
  7. Your solicitor sends a “transfer” document to the seller’s solicitor for signing.
  8. The seller signs the transfer and returns it.
  9. Contracts are exchanged and you pay the 10% deposit.
  10. Completion and payment of the full amount.

Scottish Properties

Scotland has a different legal and conveyancing system from England and Wales. If purchasing a wood in Scotland you will need a Scottish lawyer.

Under Scottish law, the contract is generally concluded and legally binding once the initial offer has  been accepted by the seller. The contract is normally formed by letters called ‘missives’ which are sent between the solicitors acting for both parties. Once all the  terms of the contract are agreed, the missives are said to be concluded, and there is then a binding contract for the sale of the property.

The conveyancing process in Scotland typically takes four to six weeks and can be broken down into the following stages:

  1. You write to us confirming you want to purchase a particular woodland.
  2. Your solicitor writes to the seller’s solicitor with a formal offer to purchase  including price and entry date. If this offer is accepted without qualification  then under Scottish law the contract is concluded and legally binding. In  practice there are invariably ‘qualifications’ to the offer, in which case the  process continues as item 3 below.
  3. The seller’s solicitor responds to the offer with a ‘qualified acceptance’ which then requires a further response from your solicitor.
  4. This correspondence (known as missives) continues until all clauses of the  correspondence are accepted without qualification by both sides, at which point  missives are said to be concluded.
  5. Once missives are concluded there is a legally binding contract as described in a document called the disposition which is signed by the seller.
  6. The seller’s solicitor will require cleared funds for the full purchase price a few days before the agreed entry date.
  7. Funds and ownership are duly transferred on the agreed entry date.

If you have any concerns at all during the sales process, please do not hesitate to contact us and we will help you in any way we can.

Contact


Woods4Sale Ltd
4 Church Farm Court
Capenhurst Lane
Capenhurst
Chester
CH1 6HE
UK

Phone: 01248 364 362
info@woods4sale.co.uk
www.woods4sale.co.uk

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