BUYING A WOODLAND – THE LEGAL PROCESS
All of the woodlands on this website are owned by Wildlife
Woodlands Ltd, and the purchase price is shown in the details. In
addition you will have to pay your own legal costs which you
should agree with your own lawyer/conveyancer. Some solicitors may
consider buying woodland rather “small beer” and may require a
prod from time to time. Most sales are completed within 4-5 weeks.
The buying process is as follows:
If you have decided to buy a wood, let us know and send us the
address of your lawyer or conveyancer.
As soon as you have agreed to buy the wood we will take it off the
website and accept no more offers.
We will then send a letter to your lawyer/conveyancer to confirm
the sale and to let them know the name and address of our own
lawyer.
You will then have to send to your lawyer/conveyancer:
- The name(s) of
those you wish to own the woodland
- Any questions
you might have regarding titles or rights which you would like
your lawyer to check. He /she will check all the standard things
like boundaries, drains, telephone or electricity cables, rights
of access etc. but now is the time to ask. (Try us first as we
will try and answer as many questions as we can for free!)
- 10% of the
purchase price
Meanwhile our lawyer/conveyancer will send your lawyer/conveyancer
a draft contract and a copy of the Land Registry title for the
woodland.
Your Lawyer/conveyancer will then send to our lawyer/conveyancer a
standard set of pre-contract enquiries and any additional
outstanding queries. We will return this as soon as possible.
Your lawyer/conveyancer sends you a contract with a plan showing
boundaries and rights of way. You will need to sign and return
this. We will do the same with our own copy.
You agree a completion date with you lawyer (usually between 2 and
4 weeks) when you will be able to exchange the remaining 90% of
the purchase price. Please allow time for cheques to clear, or ask
your bank for a CHAPS electronic transfer.
The two lawyers/conveyancers exchange the signed contracts.
You send your lawyer/conveyancer the balance of the money (Which
they hold in their client account). Your lawyer/conveyancer draws
up a transfer document which is to inform the Land Registry of the
sale and to instruct them to issue a new Land Certificate in your
name.
Before it can be sent to the Land Registry the transfer document
is checked by our lawyer/conveyancer and has to be signed and
witnessed by both parties.
On the completion date, your lawyer/conveyancer transfers the
balance of the money, and the woodland is yours.
A copy of the Land Registry Certificate will be sent to your
lawyer/conveyancer who will either send it on to you or keep it on
your behalf.
We each then have to pay our lawyers/conveyancers for all the
above.
Congratulations you now own your own woodland. While we are
dealing with technical details, you may wish to look at further
information on woodland insurance
and woodland taxation.
Please note that if the sale is delayed beyond a reasonable length
of time we reserve the right to return the woodland to the market.
●
A woodland of your own ●
Managing for conservation ●
●
Woodland grants and permissions ●
Woodland taxation ●
● Woodland insurance ●
Buying a wood ●
