Which comes first .....

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Which comes first .....

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Hannah

Joined: 24 Feb 2005
Posts: 277
Location: Pembrokeshire

Posted: Mon Oct 31, 05 10:30 am Post subject: Which comes first .....
Do you think it would be better to buy a house then look for land nearby, or buy the land then look for a house nearby? (assuming you couldn't afford a house with attached land) Any tips, help, comments, experiences gratefully received. If it helps, the area concerned is Devon and possibly Cornwall. Many thanks. Hannah

Jonnyboy

Joined: 29 Oct 2004
Posts: 23956
Location: under some rain.

Posted: Mon Oct 31, 05 10:39 am Post subject:
Buy the house, if you can't afford the property then the land is a wasted investment, if land isn't currently available then you always have the option of renting, or getting an allotment in the short term.

Hannah

Joined: 24 Feb 2005
Posts: 277
Location: Pembrokeshire

Posted: Mon Oct 31, 05 10:41 am Post subject:
Thanks Jonnyboy. Unfortunately an allotment isn't suitable - I have pigs, chickens and geese!

tahir

Joined: 28 Oct 2004
Posts: 45674
Location: Essex

Posted: Mon Oct 31, 05 11:11 am Post subject:
But you should be able to rent land not too far away, a lot of farmers that aren't prepared to sell are more than happy to rent.

Treacodactyl
Downsizer Moderator

Joined: 28 Oct 2004
Posts: 25795
Location: Jumping on the bandwagon of opportunism

Posted: Mon Oct 31, 05 12:09 pm Post subject:
I've been thinking along the same sort of lines. What do you regard as near by? Also how fussy are you about a property and land? Are there any chances of finding land with the chance of building a small property?

tahir

Joined: 28 Oct 2004
Posts: 45674
Location: Essex

Posted: Mon Oct 31, 05 12:10 pm Post subject:

Treacodactyl wrote:

Are there any chances of finding land with the chance of building a small property?

Remote in my experience

judith

Joined: 16 Dec 2004
Posts: 22789
Location: Montgomeryshire

Posted: Mon Oct 31, 05 12:11 pm Post subject:

tahir wrote:

a lot of farmers that aren't prepared to sell are more than happy to rent.

It might be more difficult to find one that will allow pigs on the land, sadly. Most grass keep adverts around here specify sheep only or sheep + cattle.

Hannah

Joined: 24 Feb 2005
Posts: 277
Location: Pembrokeshire

Posted: Mon Oct 31, 05 12:14 pm Post subject:

Treacodactyl wrote:

I've been thinking along the same sort of lines. What do you regard as near by? Also how fussy are you about a property and land? Are there any chances of finding land with the chance of building a small property?

"Nearby" to us would mean ideally with 3 miles, preferably less. We aren't (too) fussy about the property. The land would need some sort of water supply and ideally with mains electricity nearby to be able to connect to.

We don't really want to rent (not in the long term anyway) although we would in the shorter term if we really had to.

How keen are farmers to sell their land? Is it a case of they will if the price is right?

tahir

Joined: 28 Oct 2004
Posts: 45674
Location: Essex

Posted: Mon Oct 31, 05 12:16 pm Post subject:

Hannah wrote:

How keen are farmers to sell their land? Is it a case of they will if the price is right?

Mostly, although future development potential and perhaps access to other bits of their plot also count.

ele

Joined: 05 Sep 2005
Posts: 814
Location: Derby

Posted: Mon Oct 31, 05 12:23 pm Post subject:
Sorry I'm going slightly off topic here... I've been selling off (inherited) land over the last few months and it is really frustrating because it's all tenanted so the only person able/willing to buy it is the current tenant, I wonder what percentage of farmland is held in this way?

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