The term “overage” is generally used to describe the situation where a seller is to share in any increase in value in a property that is realised after the property has been sold. It is an incredibly high-risk area of law that requires specialist knowledge. The reason for this is that in creating a contractual…

Option agreements can operate in many different ways. There are call option agreements (where the developer decides if they will purchase the land) or put option agreements (where the landowner can decide if the land is sold) and cross option agreements (which are a combination of put and call option agreements). Key considerations include:- What…

When acquiring development land, the purchase price that you are paying will include a certain amount of ‘hope value’ i.e. you pay a premium for the land on the expectation that following the purchase you will be able to implement a planning consent. However, the grant of planning permission does not guarantee that the property…

Our team is experienced in acting for both landlord and tenants of commercial premises. This wealth of experience enables us to take a proactive approach and anticipate issues that may arise during negotiations to provide cost and time-effective solutions to protect the interests of our client. Key considerations include:- How long is the lease? What…

Our experts can guide you through the process of buying and selling your business premises. We act for a wide range of clients including individuals, companies, charities and pension trustees. As no two clients or transactions are the same, we offer a bespoke service to meet your business needs. If you are looking to buy…