For owners and their advisors of strategic housing land, uncertain as to how best to take their land forward in manner which will deliver them the best results.
- Properly promoting a site and securing the most valuable planning permission is a costly, complex and lengthy process.
- Owners of strategic land (land with the potential to secure planning permission in the next 3 - 10 years) are faced with the big decision of how best to take their land forward balancing risk exposure and timescales against levels of proceeds.
- Do thy go it alone, enter into an Option Agreement with a house builder, sign a Promotion Agreement with a Promoter/Developer, enter into a Joint Venture or sell now with overage/uplift provisions?
- What about premiums, minimum price, term, capping planning fees, % discounts, equalisation, ransoms, profit sharing?
- padland.co have experience in successfully advising and negotiating for a variety of clients in all these matters.
- These all have a potentially significant impact on the level of sales proceeds the landowner will eventually receive.
- The right planning and legal advice is of equal importance and padland.co are happy to recommend and work alongside respected Planning Consultants and Solicitors.
- padland.co are happy to provide landowners with a comprehensive Report clearly setting out and explaining the planning context of their site, the pros and cons of the various 'options' available to them, the likely timescales and potential level of end sale proceeds together with our recommendations.
