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Buying Land Purchase Process PDF Print E-mail

The Buyer acknowledges that the plot/plots specified in the memorandum of sale are being sold without the benefit on any current planning or development permission or any future guarantee thereof. Planning.

Buying land is far simpler and quicker than buying a house, though you still have the protection of a solicitor to ensure that your investment has all the legal safeguards. Find out why we insist on using a solicitor  <Why use a Solicitor?

Start

  • Select a plot
  • Pay (by cheque, electronic transfer or bankers draft) a non-refundable reservation fee of £400 per plot which secures the plot and removes it from the market for 7 days until exchange of contracts
  • Contact an independent solicitor to act for you and provide us with their contact details
  • Sign and return to us a Plot Request Form form and Memorandum of Sale, copies of which will have been sent to your solicitor together with a detailed pack of title documents and searches relevant to your purchase

 
Within 10 days

  • Sign and return to your solicitor all the documentation (contract and transfer) he will have sent you in relation to your purchase
  • Provide your solicitor with photographic identification and a recent utility bill to establish your identity
  • Pay a 10% deposit (either by electronic transfer or cheque to your solicitor)
  • Exchange contracts.

 
28 days later

  • Provide your solicitor with the balance of the purchase price on or before the specified completion day. Upon receipt of the balance by our solicitors we will transfer the freehold title into your name
  • Your solicitor registers you as the freehold owner of your plot(s) with HM Land Registry
Masha Estates Ltd do not operate a Collective Investment Scheme as defined in Section 235 of the United Kingdom Financial Services and Markets Act 2000. Masha Estates Ltd do not provide planning permission, estate management or any such related services on behalf of purchasers. All Plots sold without the benefit on any current planning or development permission or any future guarantee thereof. Planning.
Head Office: Masha House, 47 Tynewydd Road, Barry, CF62 8AZ, UK, Company Reg No: 5475680
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