Buying your dream plot in Scotland
Finding a site which will work for you can be a long process – and it helps if you have an idea of whereabouts in the country you’d most like to live. Large plots of land close to the central cities of Edinburgh and Glasgow can be particularly hard to find – and expensive – but if you’re happy to be slightly further out, there are a number of potential plots in the central belt. Work out in advance roughly how much land you think you’ll need, and whether you can cope with uneven terrain. Do you require extra space for a garden, or pastures for horses or livestock? Are you only interested in specifically land for sale in Scotland, or could you buy an existing property and demolish it?
Buying a plot of land can be a daunting experience if you’ve never been involved in the process before – finding the perfect plot is only the beginning of the story! Once you’ve decided you’re interested in a particular site, you will need to declare interest – this is usually completed by a solicitor with knowledge of Scottish conveyancing law. At this point, a valuation report is often advised, as well as a survey on any structures on the land.
Next, you get to make an offer. An offer will include a price, but also other factors such as desired date of completion and what you wish (or do not wish) to be included in the sale. This information will be submitted to the seller’s solicitors in writing by your solicitor – and you should receive a response the same day. Remember, the seller is not obligated to take the highest price if there are competing offers – they may favour a quick sale, or other conditions as offered in the bid.
If your offer is chosen as the winning bid, then the solicitors will pass on a qualified acceptance, which will need to be checked by your solicitor, and then a contract will be drawn by formal letter – this may all sound complicated, but an experience conveyancing solicitor will be able to walk you through the process – and before you know it, you will be receiving the disposition including the property titles and other papers, and you will be able to start thinking about building your ideal home!