Sale and Purchase of Farms, Country Estates and Agricultural Property
Our clients include landowners, businesses, hobby farmers and individuals wishing to purchase land for conservation reasons. We tailor our service to our clients and their objectives. We understand the agricultural legal sector which allows us to deal with matters effectively and sensibly.
When acting for a seller, we assist in:
- Reviewing your title deeds
- Preparing legal documentation
- Preparing replies to enquiries
- Dealing with enquiries raised by any potential buyers
- The exchange and completion process
When acting for a buyer, we assist in:
- Reviewing documentation supplied by the seller
- Commissioning and reporting to you on searches
- Raising enquiries
- Acting for your lender on any finance requirements
- Reviewing and negotiating documents
- The exchange and completion process
When buying or selling agricultural land there are many matters to consider including some of the following;-
- Is the land registered or unregistered?
- Are there any agricultural tenancies, grazing licenses to consider?
- Are there any access or boundary issues to consider?
- Are there any proposed or existing rights affecting the land?
- Are there any proposed or existing restrictions on the use or other title conditions?
- Are there overage and financial claw-back provisions to consider?
- Are there any telecoms, wayleaves or easements arrangements to consider?
- Are there any woodland, agri-environmental schemes?
- Are there any entitlement schemes to transfer?
- Are there crops, livestock, machinery or utilities affecting the property?
- Are there any fishing or sporting rights?
- Is the property affected by tree preservation orders?
- Does the property include any equine facilities or woodlands?
- Are you buying with vacant possession?
- Is the property subject to VAT?
- What planning permissions and other notices affect the property?
It is important for us to understand your future intentions and we like to engage in site visits so that we can focus on the important issues. We also work closely with land agents, accountants, tax advisors and other professionals to try and structure any sale or purchase according to your needs. We also have other experts within Farnfields who can help you on a variety of associated matters (such as tenancies, inheritance tax, succession planning and disputes) which may be needed from time to time. To learn more please watch the video below.
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