Land Sales

 

In 1990 we laid the foundations of our land consultancy and we are now a major player in Sussex, Hampshire and Kent for both acquisition and sales.

 

Take into account the following points, before you decide to sell: 

• Commercial awareness 
  Try to gain an understanding of what your land may be worth. You should always consider more than one offer to ensure a fair and realistic price is agreed upon. Using a specialist land agency can aid this process, as the agency will endeavour to achieve the best price by approaching a variety of potential purchasers on your behalf.
• Commercial decisions
  The sale of land can be executed on a ‘subject to planning’ basis or on a purely ‘unconditional’ basis, at which time the buyer takes a risk and purchases prior to planning permission being granted. Land values are generally higher when a plot has planning permission, but gaining planning will cost money and take time. Your personal circumstances, as the owner, will dictate which route you take, but you should give careful consideration to both.
• Capital gains and losses
  Make sure you are totally 'au fait' with tax legislation, including capital gains tax and inheritance tax. Consult an accountant if you are unsure. There's nothing worse than making a handsome profit and then seeing 40% instantly disappear because you didn’t do your homework.
• Minimise stress levels 
  Bear in mind that selling land is a complicated and time consuming process (sometimes extending to years). This can have a stressful effect on you, your family, or your business. It’s vital that you are mentally prepared before jumping in at the deep end. Again, a land agency will provide much needed support and advice, as well as running the project for you to suit your personal circumstances.