Legal advice for landowners selling land for development
LEGAL ADVICE SELLING LAND AND BUILDINGS FOR LANDOWNERS
Our property lawyers based in Brighton & Hove, Uckfield, Sevenoaks and Ashford work for some of the largest landowners in the South East helping them to maximise land value before sale. Typically, our commercial property solicitors work on land/building values between £1 million and £20 million, and handle projects worth in the region of £200 million.
Legal advice for landowners to maximise land value
In looking to develop land, perhaps the most important decision is the structure of any transaction agreed with a developer. There is a wide range of different options, and choosing the one which best fits your circumstances and objectives is time well spent: not least because it is here that you can leverage the most value out of your land.
Our commercial property lawyers maintain influential relationships with many developers and commercial land agents operating across Sussex, Kent and the wider South East, and they can advise on the full range of transaction structures: promotion agreements, options, development agreements, contracts conditional on planning and overage requirements. Early involvement and advice on this will allow us to negotiate the right documentation on your behalf.
We also have expertise in related areas. You will want to ensure that you have in place suitable capital tax planning at an early stage, and understand whether there are any legal obstacles to obtaining a good and usable planning consent. You may want to consider a consortium with adjoining landowners or require specialist agricultural property law expertise.
Land and building sales expertise
- Capital tax planning
- Site appraisal and restrictions audit
- Planning appraisal and consent
- Joint ventures with other landowners
- All types of developer agreements including option agreements and overage
Rix & Kay is a regional practice with notable development expertise and the ability to handle a variety of investment matters. Also equipped to advise on landlord and tenant issues. Works with a range of clients including banks, charities, developers and retailers. Noteworthy knowledge of real estate transactions in the agriculture, healthcare and hospitality sectors.
One client reports: “They are very good at keeping you informed within the market.”
David Ashton is ranked as a Notable Practitioner, “David is excellent to work with and very experienced and proactive. He provides clear, concise advice and takes a practical, commercial approach to advising clients.”
Chambers & Partners 2021
Rix & Kay’s client base stretches beyond the South East, with the firm advising on commercial property matters across the country. Examples of their work include advising commercial clients on leases, handling the financing and refinancing of properties, and assisting with property transactions. David Ashton has broad experience in the commercial property field. Richard Cripps specialises in advising developers on acquisitions, as well as working with landowners on the sale of land.