Call John on 07971 389985 / 01527 328401 or email info@landsite.co.uk for free, independent and expert advice.
SEE : 'SELLING LAND - FAQ'S' page for :
Clear recent data on UK residential land prices
The price of land with planning permission for housing development in various districts of the UK
UK housing land prices (with planning permission)
UPDATE 2024 : IF YOUR LAND IS LARGER THAN 10 ACRES AND YOU HAVE BEEN APPROACHED BY A HOUSEBUILDER PLEASE PROCEED CAREFULLY - ONLY A LAND PROMOTION COMPANY OFFERS A DEAL THAT IS TRUE 'MARKET VALUE'.
Residential development land (with planning permision) is worth between £350,000 per acre to as much as £3,000,000 per acre in the UK in 2024.
Land is a very emotive subject because it is valuable and it may have sentimental or inheritance family issues associated with it.
A landowner only gets to sell their land once and cannot go back and 'have another go' if they are not happy with the price or the result.
It is therefore vital that you do your research and take proper stock of the situation before committing to a particular developer, land promoter or housebuilder.
The old adage that 'all that glitters is not gold' is certainly true as whilst many developers and land promoters are actually perfectly good, reliable honest firms, nevertheless buying land is a business decision and your best interests as a landowners or family will not always be of paramount importance. But of course they should be.
Landsite is passionate about landowners wishes coming first in any transaction and the only way this can be achieved is if ALL the relevant information on housing land prices, timescales, planning, contracts and marketing are clear and honestly explained.
One thing we offer at Landsite is the ability to compare actual sold prices for land in your area from the Land Registry so that a value per 'plot' can be ascertained. This gives a real and accurate idea of what a site may be worth. Whilst this is more challenging with smaller sites, we have been proud to discover just how accurate we can be in this area on several occasions.
If you are currently being approached or have been approached by a plc housebuilder to sign into an OPTION AGREEMENT then please please tread carefully and by all means give me a call or email me for advice. Option Agreements can work for landowners and they used to be the only choice out there. Nowadays, the Land Promotion Agreement often offers a significantly better solution with a much better return for the landowner or farmer.
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 26 sites which can accommodate over 4,237 new homes or apartments.
We have many years of experience working at senior levels within the land departments of Taylor Wimpey, Bovis Homes (now Vistry Group), Beaverbrook Land and Gladedale Homes (now Avant Homes). We have also worked with IM Land, Spitfire Bespoke Homes, David Wilson Homes (Barratt Group), CALA Homes, Bellway Homes and Persimmon Homes amongst others.
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 physically 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 35 individual landowners (across 26 sites) 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.
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. Sometimes the main agents will seek to insist they sell the property / properties as well.
Landsite pays 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 then invoice the company, not you.
If you think this is a fair, transparent and clear way to do business then give us a call.
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 to discuss your site :
John Holland - Director - 07971 389985 / 01527 328401 or john.holland@landsite.co.uk
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.
Land is a very emotive subject because it is valuable and it may have sentimental or inheritance family issues associated with it.
A landowner only gets to sell their land once and cannot go back and 'have another go' if they are not happy with the price or the result.
It is therefore vital that you do your research and take proper stock of the situation before committing to a particular developer, land promoter or housebuilder.
The old adage that 'all that glitters is not gold' is certainly true as whilst many developers and land promoters are actually perfectly good, reliable honest firms, nevertheless buying land is a business decision and your best interests as a landowners or family will not always be of paramount importance. But of course they should be.
Landsite is passionate about landowners wishes coming first in any transaction and the only way this can be achieved is if ALL the relevant information on housing land prices, timescales, planning, contracts and marketing are clear and honestly explained.
One thing we offer at Landsite is the ability to compare actual sold prices for land in your area from the Land Registry so that a value per 'plot' can be ascertained. This gives a real and accurate idea of what a site may be worth. Whilst this is more challenging with smaller sites, we have been proud to discover just how accurate we can be in this area on several occasions.
If you are currently being approached or have been approached by a plc housebuilder to sign into an OPTION AGREEMENT then please please tread carefully and by all means give me a call or email me for advice. Option Agreements can work for landowners and they used to be the only choice out there. Nowadays, the Land Promotion Agreement often offers a significantly better solution with a much better return for the landowner or farmer.
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 26 sites which can accommodate over 4,237 new homes or apartments.
We have many years of experience working at senior levels within the land departments of Taylor Wimpey, Bovis Homes (now Vistry Group), Beaverbrook Land and Gladedale Homes (now Avant Homes). We have also worked with IM Land, Spitfire Bespoke Homes, David Wilson Homes (Barratt Group), CALA Homes, Bellway Homes and Persimmon Homes amongst others.
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 physically 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 your reasonable legal fees (typically between £7,000 to £10,000)
- PREMIUM / DEPOSIT : Pay you a non-returnable 'sweetener' sum of money as a 'premium' or gesture of commitment to the deal. You keep this, even if the development partner doesn't get planning permission and walks away. These sums are normally much higher for Option Agreements with a large housebuilder than a Land Promotion Agreement with a Promoter, though that situation is now changing.
- 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 35 individual landowners (across 26 sites) 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.
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. Sometimes the main agents will seek to insist they sell the property / properties as well.
Landsite pays 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 then invoice the company, not you.
If you think this is a fair, transparent and clear way to do business then give us a call.
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 to discuss your site :
John Holland - Director - 07971 389985 / 01527 328401 or john.holland@landsite.co.uk
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.