There are things that certainly put you OFF in land development such as huge timescales and bureaucratic processes. You wait for answers, acceptance from planning departments or confirmations from utility companies for ages and the list goes on… It may seem like a never-ending story which would cost you much if you use development finance and/or investors` funds. However, we believe a great ending to the story is achievable if you focus on a few details from the outset.
Let`s start with the LAND. Similarly like in property investment, if it is on the open market there is a high level of competition. Furthermore, we have been told by a very experienced developer, who operates nationwide, that most of the sites on Rightmove have already been trawled through by developers` spreadsheets and most probably the numbers did not stack up. Whether this is always the case or not we can`t confirm or deny… however, our experience is that land that is on the open market usually has a very tight budget for development. More often than not, this reduces the opportunity for a WIN-WIN situation. So, how can you satisfy all parties involved and make a decent offer to the vendor?
What really matters to vendors are certainty and speed. No doubt, they want to ensure that our offer meets with their financial expectations. Furthermore, they prefer to deal with a genuine buyer who is trustworthy and keeps their word after hands have been shaken on a deal. They may be approached by others who express interest in developing their land but, in the end, are afraid of doing so and taking on the risks or perhaps just lack time or knowledge.
How could we fulfil those expectations?
Whatever it is stopping the vendors from receiving the huge benefits of developing their land, there should be a solution and there is! So if you have a piece of land and you start investigation to assess its potential, how do you mitigate the risk of you or your professional missing a detail or misjudging a situation that would detrimentally impact the end value or even render the whole project unviable?
Is it not worth digging a bit deeper to uncover opportunities and make it happen?
We are experts in finding a solution that achieves the maximum value for you. We negotiate a deal depending on your situation and the potential of the development whereby both parties can benefit. Simply, let us do the hard work to maximise the opportunity and mitigate the risk.
Why not take advantage of our expertise and our experienced team of professionals?
The beauty of OFF-market sites is: you start from a Blank Page. Setting up plans, actions, goals, agreements, terms and conditions based on your personal circumstances.
The land itself and planning conditions determines whether OFF-site construction methods, Modern Methods of Construction can be used, which then takes the development to another level.
The advantage of OFF-site manufacturing is based on speed and fixed production costs. The speed of on-site erection contributes to make the houses wind & watertight much quicker so it reduces the risks for you as a developer or our partner.
Last but not least, the other keyword is sustainability. Using sustainable materials and reducing wastage on site can help to address environmental issues and it also complies with the highest standards in the construction industry.