How To Sell Part of Your Land

Selling part of your land can be very profitable; especially in this current property boom. The housing demand has increased rapidly over the last two years and developers are looking to get their hands on any spaces they can build on. It could be a large patch of agricultural land or just selling off part of your garden; whatever the case, you can look into selling part of it to release the burden of maintaining it and make some extra money in the process. You can use that to pay off your mortgage or invest in any other projects you may have been recently considering. It’s worth noting that if you have a mortgage on your property, you will have to inform your lender of your intentions to sell part of the land and gain their permission.

There is currently a land premium, so it can be worth quite a lot depending on location and size. There are things to consider when selling land and how it could affect your life, so it’s important to be sure of the decision you make. Here are a few things to consider to make sure it’s the right decision for you:

  • Is there planning permission on the property?
  • Will it affect the value of your property?
  • Would you have to live next to a building site while development is in the process?

When selling any plot of land, it’s important to do your research first and use experts to help you in the process. Applying for planning permission, getting the land valued, and acquiring interested parties to view and potentially purchase the land can be time-consuming and stressful processes. Using services like conveyancers, land agents, and liaising with the local planning authority would be advised. It’s worth noting that for their services they will require payment, and their fees can be quite costly.

Another option worth considering is contacting any neighbours you have that may also be willing to sell their land. You can form a ‘Land Assembly’ and sell together as one unit; this is more lucrative than selling individually as there are wider development opportunities for larger pieces of land.

Cash Buying Services:

FastCash4Houses is a real estate cash buying service, we do exactly what we say on the tin; we buy property for cash. Whether it is commercial, residential, or land, we are interested. We have a simple 3 step process; tell us all about your property/land, we provide a free no-obligation cash offer and if you’re happy to accept, we process the sale. This is all done without the seller incurring any fees or doing any unnecessary work on the buyer’s behalf. Our streamlined service offers a sale while reducing all the effort and cost to the seller.

To get your free no-obligation quote, you can get in contact with us and speak to a member of our team directly on 01204 294356 or [email protected] If you have any more queries at all, click the link here for some more FAQ’s: https://fastcash4houses.co.uk/faq/houses-frequently-asked-questions/

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