Matthew Allen and Richard Gadd are joined by Adam Saunby, Senior Associate at Forsters LLP, to analyse the rural property market.
Economic uncertainties and inflation pressures are causing a cautious start to the year, but there’s been a variable supply in rural properties across different regions. Some have seen noticeable increases.
Adam highlights the importance of thorough preparation before properties are marketed. Listen to the episode to hear the latest trends in rural property, an expert’s voice on conveyancing, practical tips on legal preparations for sales, strategic decision making and how to address common challenges.
Find out more at fishergerman.co.uk/insights
00:00:50: Analysing the market
00:03:14: Discussing buyer profile and price predictions
00:04:21: The country house market
00:06:12: Upcoming stock of new instructions
00:06:33: Discussing the conveyancing process for property sales
00:07:06: Pre-sale preparation
00:09:02: Addressing planning issues
00:10:08: Importance of site visits
00:11:43: The conveyancing process explained
00:14:16: The importance of replies to inquiries
00:15:09: Preparing a data room and gathering information
00:16:24: Drafting the contract and final steps
00:18:23: Explanation of holdover for crops, farmhouse, and farm machinery auction.
00:18:57: Discussion on overage and its complexities.
00:20:28: Going through the selling process - inquiries, responding, tying up loose ends.
00:21:15: Explanation of exchange and completion terms in the selling process.
00:22:30: Discussing key challenges in the process.
00:23:09: Post-completion works and undertakings.
00:23:51: Key takeaways from the discussion on the sales process.
00:24:27: Importance of taking accountancy advice early.
Economic uncertainties and inflation pressures are causing a cautious start to the year, but there’s been a variable supply in rural properties across different regions. Some have seen noticeable increases.
Adam highlights the importance of thorough preparation before properties are marketed. Listen to the episode to hear the latest trends in rural property, an expert’s voice on conveyancing, practical tips on legal preparations for sales, strategic decision making and how to address common challenges.
Find out more at fishergerman.co.uk/insights
00:00:50: Analysing the market
00:03:14: Discussing buyer profile and price predictions
00:04:21: The country house market
00:06:12: Upcoming stock of new instructions
00:06:33: Discussing the conveyancing process for property sales
00:07:06: Pre-sale preparation
00:09:02: Addressing planning issues
00:10:08: Importance of site visits
00:11:43: The conveyancing process explained
00:14:16: The importance of replies to inquiries
00:15:09: Preparing a data room and gathering information
00:16:24: Drafting the contract and final steps
00:18:23: Explanation of holdover for crops, farmhouse, and farm machinery auction.
00:18:57: Discussion on overage and its complexities.
00:20:28: Going through the selling process - inquiries, responding, tying up loose ends.
00:21:15: Explanation of exchange and completion terms in the selling process.
00:22:30: Discussing key challenges in the process.
00:23:09: Post-completion works and undertakings.
00:23:51: Key takeaways from the discussion on the sales process.
00:24:27: Importance of taking accountancy advice early.
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