Strategic Land
Expert legal advice for your strategic land and development plans
Land and development solicitors
Your real estate experts
‘Strategic land’ usually refers to land that has future development potential. It is invariably land that has not been allocated by the local planning authority for future development, but which has the potential for such development.
We act for a range of clients in relation to strategic land matters including housebuilders, landowners and promoters and we have considerable experience in dealing with a wide variety of structures designed to bring forward the future development of strategic land.
Our expertise
Strategic land deals can take a number of forms. We can assist with:
- Conditional Sale Agreements and Contracts
- Option Agreements
- Promotion Agreements
- Joint Venture Agreements
- Landowner Agreements
- Collaboration and consortium Agreements
- Land assembly
We have a wealth of experience in dealing with all forms of strategic land deal structures and our experience of acting for a wide range of clients means we can understand the other party’s key drivers in a given transaction and can provide pragmatic and commercial advice to facilitate the completion of a given deal.
Recent highlights
Acting for a housebuilder in relation to an Option Agreement to secure a key site on the outskirts of Bristol for 70 plus homes;
Collaboration Agreement and a series of Option Agreements for Redcliffe Homes for a 1000 unit site in South Chippenham
Acting for a number of landowners in a complex land assembly and series of Promotion and Option Agreements for a high value site in Bath
Acting for a landowner client on a complex Promotion Agreement and Overage variation for a site near Frome;
Acting for a housebuilder client in relation to a joint venture agreement for the development of a large site in South Gloucestershire
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Your strategic land questions answered
Conditional contracts are usually used by developers as a means of securing an interest in land which has development potential but without being under an obligation to buy the land unless the conditionality (usually a planning condition) is satisfied;
Options are similar to conditional contracts except that they do not oblige the developer to purchase the land in the event that a planning permission is granted.
A promotion agreement is usually between a landowner and a developer but sometimes it is between a landowner and a planning promoter. The developer/promoter will usually be obliged to promote the land for development and to obtain planning permission to allow for the relevant development. If planning permission is achieved, the land is sold on the open market and the proceeds split according to the agreement.
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Your real estate
legal experts
Knowledge
We draw from a wide range of disciplines to support you in keeping your business moving forward.
Heritage
Goughs have been providing legal services to businesses across the south west since 1882.
Experience
We deal with a wide variety of real estate clients so have the expertise to ensure all your needs are dealt with by one team.
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