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ARTICLE · 15 MARCH 2018

Property Development Opportunities: Protecting Your Interests

Withers LLP
Withers LLP
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Simply owning a property with development potential does not always enable you to realise it

United KingdomReal Estate and Construction

If you are holding property with development value, how do you realise its value?

Simply owning a property with development potential does not always enable you to realise it. You may not have the resources, expertise or the time to pursue an application for, or implement any, planning permission.

Potential value might be realised by utilising a third party 'promoter' in a way that does not involve the same level of upfront cost or planning risk.

Note, however, that the land will require active management to prevent adverse rights being acquired which might thwart development potential pending the outcome of the planning process.

Here is our brief guide to help you navigate the process:

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