The Process
We are here to help guide you through every step in the process to unlock the value on your land. Below is our step by step approach to achieve this.
Step 1: Contact
Contact is made with the landowner, whereby we set out our initial interest in the property and enquire whether the landowner may be interested in a sale.
Step 2: Site Assessment and Due Diligence
We commence due diligence work, which includes a physical inspection of the property, an assessment of the number and type of dwellings that can be built and legal due diligence (including an initial title review).
Step 3: Offer
An offer is made by us for the acquisition of the property and, subject to terms being acceptable to both parties, we instruct our solicitor to finalise the Option Agreement for signing. We offer a contribution to a landowner's legal costs.
Step 4: Planning Process
During the option period, our architectural and planning team finalise the planning application with a view to submitting as soon as possible. We then progress the application without delay to achieve planning permission for the proposed development.
Step 5: Planning Granted and Exercise Option
When planning permission is granted for our development, we then finalise our funding/disposal arrangements and exercise our option to buy the property from the landowner. Completion then occurs on the date set out in the option agreement (usually 1-3 months after exercise).
Step 6: Development
Following completion of the purchase (when the agreed purchase price is paid to the landowner), the development commences and is completed in accordance with the developer's build programme.
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