Call John or Marianne on 07971 389985 or 01527 328401 / info@landsite.co.uk for free, impartial and expert advice.
If you've received an introductory letter, headline terms or a draft legal agreement from a housebuilder or a land promoter ('developer'), you are seeking independent advice on their proposals and want to ensure you get the best price for your land and a deal which works for you, then you're in the right place.
It's never too late to engage an advisor like Landsite. You may have owned your land for some time and always wondered whether it has potential value for residential or other development use and now the time has come to go ahead with these plans.
Landsite Limited have been advising landowners on how to get the best deal for their landholdings for over 12 years and we have secured land deals to exchange and completion on over 25 sites which can accommodate over 6,237 new homes or apartments.
Our management has many years of experience working at senior levels within the land departments of Taylor Wimpey, David Wilson Homes (Barratt Group), Bovis Homes (now Vistry Group) and Gladedale Homes (now Avant Homes), IM Land part of IM Properties and Spitfire Bespoke Homes.
Our approach to you and your land
1. Meeting & Appraisal with Landowner(s)
We meet with you and determine exactly what you would like to achieve. We can any questions you may have about the process of land development, values, land promotion agreements, options and the differences between the housebuilders and land promoters. We will always seek to walk your land with you to understand it's setting, potential and individual circumstances.
2. Preparation of Marketing Particulars
Landsite prepare a set of marketing particulars individual to your site and these are printed and then sent to a select list of 50+ housebuilders, developers and land promoters. This is confidential and discrete and no advertising is undertaken so neighbours and other local interested parties are not made aware of your intentions for the land.
3. Assessment of Bids and Offers
Once a number of bids and offers have been made for your site by a pre-determined date we will then prepare a summary report for you which details their advantages and disadvantages and the price and terms being offered. It is useful at this stage to meet with several of the bidders to see how you will get along with them as relationship and not just which developer is offering the highest price is important.
You can then make a decision to partner with a particular developer, Landsite will prepare a set of Heads of Terms (HoT's) for you which establish the basic terms of the agreement and then that developer will normally :
How Landsite helps you before, during and after the Agreement
We have prepared marketing particulars and helped over 50 individual landowners to either sell their land effectively or we have brokered a deal for them with a major Land Promoter or UK Plc Housebuilder.
Our advice is unbiased. We will tell you clearly and concisely what we think your land is likely to be worth in the current market. Based on your own specific requirements, we will explain the various routes you can use to find a buyer, developer or land promoter for your land including explaining the planning process via either long-term promotion or immediate planning applications.
Crucially, we have in-depth knowledge of all the pitfalls to look out for from the start and will assist in structuring any future deal to avoid them.
We remain with you throughout the process of agreeing a deal with the partner company (housebuilder, developer or land promoter) and during the process of them trying to obtain planning permission for residential development. Our clients can call or email us at anytime and we will ensure they are kept fully abreast of what is happening. Landsite seeks to ensure that regular update meetings are provided by the partner company to keep the landowner fully informed about progress (and any challenges or difficulties).
Utilising a third party like Landsite is a clear way to ensure you get the best deal which above all suits your circumstances and your value aspirations for your land, not necessarily those of the housebuilder, land promoter or developer. It should be remembered that housebuilders tend to make their profits on the sale of actual built houses and not the land - this does not always incentivise them to try to secure the most valuable planning permission for your land.
What you want to achieve at the outset is vital and we can provide a clear idea of the best route to secure the best deal - both financially and in terms of the time taken to get that delivered.
Who pays our fees & costs ?
Landsite secures it's fee from the successful Land Promoter or Housebuilder and not from you.
The fee we secure from the developer is normally between 1.5% to 2% depending upon site size and value.
Please be aware that other mainstream land agents may charge you up to a 2% fee and additional 'marketing fees' or costs.
We will pay for the preparation of marketing particulars, letters and the time spent in visiting you, researching potential bidders and managing the 'bid process'. This is at our risk and cost as the incentive is we will secure a valuable fee from the partner company only when they have gained planning permission and the site has been sold. Landsite invoice then invoice the company, not you. We think this is a fair, transparent and clear way to do business.
Who do I contact ?
The Landsite team can discuss your land by telephone or by email initially and then ideally, meet with you in person. We will take the time to explain how the process really works in practice and you are welcome to telephone or email either John Holland or Marianne Horton to discuss your site :
John Holland - Director - 07971 389985 or johnholland@landsite.co.uk
Marianne Horton - Strategic Land Director - 07701 045959 or marianne.horton@landsite.co.uk
Our office
Landsite Limited
Carpenters Hill House, Carpenters Hill, Beoley, Worcestershire B98 9BS
Telephone : 01527 328401
Mobile : 07971 389985
Email : info@landsite.co.uk
Web. www.landsite.co.uk
Previous Projects
Below are a selection of projects we have taken to Exchange and Completion of Contract. More information in the Our Projects section of this website.
Please click on the images on the right to see more.
It's never too late to engage an advisor like Landsite. You may have owned your land for some time and always wondered whether it has potential value for residential or other development use and now the time has come to go ahead with these plans.
Landsite Limited have been advising landowners on how to get the best deal for their landholdings for over 12 years and we have secured land deals to exchange and completion on over 25 sites which can accommodate over 6,237 new homes or apartments.
Our management has many years of experience working at senior levels within the land departments of Taylor Wimpey, David Wilson Homes (Barratt Group), Bovis Homes (now Vistry Group) and Gladedale Homes (now Avant Homes), IM Land part of IM Properties and Spitfire Bespoke Homes.
Our approach to you and your land
1. Meeting & Appraisal with Landowner(s)
We meet with you and determine exactly what you would like to achieve. We can any questions you may have about the process of land development, values, land promotion agreements, options and the differences between the housebuilders and land promoters. We will always seek to walk your land with you to understand it's setting, potential and individual circumstances.
2. Preparation of Marketing Particulars
Landsite prepare a set of marketing particulars individual to your site and these are printed and then sent to a select list of 50+ housebuilders, developers and land promoters. This is confidential and discrete and no advertising is undertaken so neighbours and other local interested parties are not made aware of your intentions for the land.
3. Assessment of Bids and Offers
Once a number of bids and offers have been made for your site by a pre-determined date we will then prepare a summary report for you which details their advantages and disadvantages and the price and terms being offered. It is useful at this stage to meet with several of the bidders to see how you will get along with them as relationship and not just which developer is offering the highest price is important.
You can then make a decision to partner with a particular developer, Landsite will prepare a set of Heads of Terms (HoT's) for you which establish the basic terms of the agreement and then that developer will normally :
- LEGAL FEES : Pay all your reasonable legal fees (typically between £7,000 to £10,000)
- PREMIUM / DEPOSIT : Pay you a non-returnable (you keep it) sum of money as a 'premium' or gesture of commitment to the deal. These sums are normally much higher for Option Agreements with a large housebuilder than a Land Promotion Agreement with a Promoter.
- AGREEMENT : Prepare an Agreement which after a period of about 2-3 months both parties (landowner and company) will sign. These are usually for a period of between 5-10 years with sometimes an option to renew it for a further 5 years. Landsite usually advise landowners to seek a '5year + 5year' style agreement whereby you get another non-returnable 'goodwill' payment after 5 years and again after 10 years if the company wants to extend it.
How Landsite helps you before, during and after the Agreement
We have prepared marketing particulars and helped over 50 individual landowners to either sell their land effectively or we have brokered a deal for them with a major Land Promoter or UK Plc Housebuilder.
Our advice is unbiased. We will tell you clearly and concisely what we think your land is likely to be worth in the current market. Based on your own specific requirements, we will explain the various routes you can use to find a buyer, developer or land promoter for your land including explaining the planning process via either long-term promotion or immediate planning applications.
Crucially, we have in-depth knowledge of all the pitfalls to look out for from the start and will assist in structuring any future deal to avoid them.
We remain with you throughout the process of agreeing a deal with the partner company (housebuilder, developer or land promoter) and during the process of them trying to obtain planning permission for residential development. Our clients can call or email us at anytime and we will ensure they are kept fully abreast of what is happening. Landsite seeks to ensure that regular update meetings are provided by the partner company to keep the landowner fully informed about progress (and any challenges or difficulties).
Utilising a third party like Landsite is a clear way to ensure you get the best deal which above all suits your circumstances and your value aspirations for your land, not necessarily those of the housebuilder, land promoter or developer. It should be remembered that housebuilders tend to make their profits on the sale of actual built houses and not the land - this does not always incentivise them to try to secure the most valuable planning permission for your land.
What you want to achieve at the outset is vital and we can provide a clear idea of the best route to secure the best deal - both financially and in terms of the time taken to get that delivered.
Who pays our fees & costs ?
Landsite secures it's fee from the successful Land Promoter or Housebuilder and not from you.
The fee we secure from the developer is normally between 1.5% to 2% depending upon site size and value.
Please be aware that other mainstream land agents may charge you up to a 2% fee and additional 'marketing fees' or costs.
We will pay for the preparation of marketing particulars, letters and the time spent in visiting you, researching potential bidders and managing the 'bid process'. This is at our risk and cost as the incentive is we will secure a valuable fee from the partner company only when they have gained planning permission and the site has been sold. Landsite invoice then invoice the company, not you. We think this is a fair, transparent and clear way to do business.
Who do I contact ?
The Landsite team can discuss your land by telephone or by email initially and then ideally, meet with you in person. We will take the time to explain how the process really works in practice and you are welcome to telephone or email either John Holland or Marianne Horton to discuss your site :
John Holland - Director - 07971 389985 or johnholland@landsite.co.uk
Marianne Horton - Strategic Land Director - 07701 045959 or marianne.horton@landsite.co.uk
Our office
Landsite Limited
Carpenters Hill House, Carpenters Hill, Beoley, Worcestershire B98 9BS
Telephone : 01527 328401
Mobile : 07971 389985
Email : info@landsite.co.uk
Web. www.landsite.co.uk
Previous Projects
Below are a selection of projects we have taken to Exchange and Completion of Contract. More information in the Our Projects section of this website.
Please click on the images on the right to see more.