Land and property developments
Whether you are a landowner looking to maximise the potential of your existing site or a developer seeking to acquire a site, we can advise you in connection with:-
- Rights of pre-emption (the right of first refusal in the event of the landowner opting to sell)
- Options (the right to acquire the land when you opt to do so)
- Overage (also referred to claw back, this allows the landowner to share in the enhanced value of the property as a result of development)
- Conditional contracts (conditional for example upon obtaining the grant of planning permissions).
- Agreements regulating the relationship between landowner and developer. The precise terms of any development agreement will vary depending on circumstances but typically they are structured so that the developer receives an initial fixed fee payable by instalments as the development progresses. The developer then receives a further payment based upon a minor share of any development profit.
Following the acquisition of the site we can also assist you in the creation of an appropriate freehold or leasehold scheme and plot sales.
Whatever the size of the site, consideration will need to be given as to whether the planning consent is appropriate for the proposed use, environmental issues as to the use and condition of the site and the need to examine carefully any restrictions contained in the title deeds.
PRACTICE AREAS
What our Clients say
“Rebecca Martin is for sure a golden star at AMD Solicitors! She was super-efficient with emails and always being on top of things. This has made the whole sales process extremely smooth, to the point that even I was surprised on how quickly it all finished, when you consider how many nightmare stories you read around the internet regarding conveyancing and slow responding solicitors etc.
I cannot recommend her and AMD enough!”
“Thank you to Grant McCall, Laura Lynn and AMD Solicitors for the conveyancing work you recently carried out for the purchase of our house.
Your team were incredibly efficient and quick to get the process started, and as first time buyers who hadn’t been through the process before, were consistently patient and helpful in answering our numerous questions. Likewise, we were also very grateful for the advice and guidance Laura and her team gave to us about matters which we otherwise wouldn’t have considered or even known about.
As testament to the service provided the sale went through without any issues, and we have been very happily living there since, the perfect home for my wife and I and our small baby who arrived a short time after completion.
Since moving in, I have recommended AMD to a number of other friends, all of whom have been equally impressed with your service, and I will continue to do so. I look forward to working with yourself and AMD for all of our family matters over the years.”
06/11/2023
“Dear Grant,
I wanted to take this time to express my gratitude towards yourself and Jack for the fantastic work you have produced on a shareholder’s agreement for our company, Howha PMI Limited.
We knew we needed a shareholder’s agreement, however, whilst we are experts in the Private Medical Insurance (PMI) field, I would say we are rather uneducated when it comes to shareholders’ agreements. Therefore, we wanted professional advice from someone who would explain the agreement, and process in plain English. Something I’m pleased to say both you and Jack achieved.
During the process we had to change the goal posts and AMD took this in their stride. We believe any company who have multiple directors should have a shareholder’s agreement in place and any company looking for one, should be contacting AMD Solicitors to set it up.
Thank you once again for your time and expertise.”
HowhaPMI Limited, July 2023
14/07/2023TALK TO OUR SOLICITORS
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