Landowners

Is your land worth more than you think?

FIND OUT HOW MUCH YOUR LAND IS WORTH…

Your land is an important asset. Whether you have surplus farm land, a country estate, large garden, disused sports facility, grazing land and paddocks, or defunct rural business land.

As housing demand increases, so do the opportunities for landowners to offer up land (including some green belt sites) for potential residential development.

This means that your land could be more valuable than you expect!

There are many options open to you – and our land team can help you maximise the value of your asset. Land is the key ingredient in the building of new homes, and one of the most common questions is, how much is our land worth?

Answering that question is not as simple as it might seem. The development potential of any land is affected by the planning system, supply and demand, comparable sites, and site specific calculations.

Obtaining planning permission can be expensive, risky, and challenging and requires patience and expertise, which is where Bluerock Homes are able to assist.

Bluerock take a bespoke approach with every site we develop. We take the time to understand a land owners objectives and then suggest a deal structure that best fits. A brief introduction to some of the deal structures we most commonly use are listed below.

A Promotion Agreement?

Bluerock Homes uses its resources to fund the promotion of the land through the planning process. Once planning permission has been achieved, the site is then sold for the highest possible return.

The landowner is consulted during the whole process and our return is based on a pre-agreed spilt of the sales proceeds.

An Option Agreement?

An option agreement is a legal agreement made between a landowner and Bluerock Homes. In return for obtaining planning permission, Bluerock has a legally binding option to purchase the land at an agreed point in the future at an agreed price. This period of time is known as an “option period”. This can give the developer the security to spend significant amounts of money on obtaining planning, with the knowledge that both parties will benefit if planning is successful.

A Purchase Agreement?

For landowners wishing to dispose of land quickly, an outright purchase agreement of the land by Bluerock Homes can be agreed. This can be with an overage in favour of the landowners to capture the uplift in value when a planning consent has been obtained.

A Joint Venture?

For landowners looking to maximise their land value, a Joint venture (JV) is a legal entity that is created for two or more parties; usually the landowner and developer to agree on and realise a set of objectives. Landowners often maximise returns through this structure. The landowner does not generally receive payment for their land upfront, and instead shares a percentage of profits when the development sells. The percentage split is pre-agreed. Landowners often make higher returns as the developer will normally spend less money on the project, and therefore takes on less risk.

If you have land, or perhaps represent a landowner and would like to understand more about the process, we would be happy to have a confidential conversation about the potential development value of your land. Please feel free to get in touch with a member of our team using the link below or by calling 0191 8090290.

Click the button below and complete the form if you would like to make an enquiry, or have further questions.

We will get back to you as soon as possible.