Selling a Barn

You may decide to sell a barn on their property or a barn conversion, and there can be a few additional barriers to overcome compared to finding a buyer for a house or flat.

4.91 Rating288 Reviews

Call 020 7183 3022 for your FREE sale price estimate

Your top questions when selling a barn

✅ What structures at my farm might qualify as a barn when I want to sell them?

Farms usually consist of several acres of land, a farmhouse where the owner lives, and ancillary structures that can include barns and other buildings. The generally accepted definition of a barn that is used for property transactions is a large structure on farmland that is used for storing grain or hay, or where animals are kept, and is not used as a residence.

✅ Will I be required to pay the UK government Capital Gains Tax when selling a barn?

Perhaps. Capital Gains Tax applies to the sale of an asset, such as property, and is charged on the profit that you make compared to the original purchase price. If you are selling a barn and not the rest of the farm, it could be complicated to figure out your tax liability. You should consider asking a financial professional to help calculate how much you might owe.

✅ Should I obtain planning permission for my barn ahead of trying to find a buyer?

It depends on whether you have the time, money and willingness to pursue the often costly and complicated planning process. Getting planning permission, which effectively approves major work to convert the barn into a commercial or residential property, can attract more buyers.

✅ What is the average timeline to expect when attempting to sell a barn?

The time it will take to find a buyer for your barn will vary depending on the method you use for selling. With an estate agent or auctioneer, you can expect to wait for at least several months before receiving an offer. Trying to find a buyer on your own may take over a year. Fast buyers, by contrast, could complete the purchase of your barn within just a handful of weeks.

✅ How much commission should I anticipate paying for the sale of my barn?

You might not have to pay any fees for the sale of your barn, if you choose a zero-commission option. Quick buyers won’t charge you any fees, which will maximise your sale profit. Selling on your own is also free of commission, but can be very stressful. Auctioneers and estate agents will charge fees that will be subtracted from the sale proceeds, reducing your net profit.

✅ How can I know that it's safe to sell my barn to a quick property buyer?

Ask individual fast buyers if they can prove they are registered with The Property Ombudsman (TPO), which is a third party entity that publishes regulations that aim to shield owners from falling victim to fraud in the quick buying industry. Be careful selling your barn to any company that can’t prove it belongs to TPO.

✅ Is there any way to check whether a fast buyer is a genuine TPO member?

Yes, and you should never rely on a company’s claim to be a member of TPO. You can check whether a fast property buyer is genuinely registered with the organisation by visiting TPO’s website. It has a search function where you can enter the name of a quick buyer – if they’re truly members then you’ll be able to see their registration details, proving they are part of TPO.

See what we can offer?

Let us show you what we can pay for your house

We’re rated as Excellent provide independent reviews from other people just like you!

"Successfully sold two properties direct to LDN Properties in the last two years. Genuine and trustworthy people and the dealings were straightforward."Thomas from London

LDN Properties Limited, Linen Hall, 162 Regent St. London W1B 5TD
Company No. 04636129. ICO No. Z7733416. Ombudsman No. D12463.
Copyright 2003 to 2024