Development Land

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 has all of the legal rights to be able to build the property that permission has been granted for.

Our commercial property team will undertake enhanced due diligence on your site to ensure that the hope value that you will be paying has a sound legal basis.

Key considerations include:-

  • Are there are sufficient rights of access?
  • Are there sufficient rights for utilities?
  • Are there any restrictive covenants that prevent the land from being developed?
  • Is there any overage payable?

If you are looking to acquire land for development, then please get in contact.

Meet the Property team

Zoe Baxter

Helen Bazely

Hayley Butler

Chris Darke

Rodney Edwards

Neil Henson

Anjum Khaliq

Sharron Lewis

Kruti Pandya

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