Frequently Asked Questions
A: Each month funding is allocated to specified areas of England for the purchase of
land. This allows us to move swiftly when it comes to the process of making an offer,
exchanging and completing. We are not confined to these amounts and are able to
Obtain additional funding from our investors at any time. The amounts available at
any one time will vary, but typically funds available at any one time might be around
£30 million.
A: Each and every site that we receive details on is meticulously researched and its
value to us established. Obviously this value is different for every piece of land that
we investigate. Typically we will pay agricultural rates plus a “hope value”
premium based on the speculative long-term development potential of the site in
question. Land with permissions or clearly identified short or medium term
development potential will be discussed in depth on a site by site basis.
A: Our core strategy is to acquire land that may have a much longer-term speculative potential. In essence we are building a bank of land on behalf of our investors that we believe will yield substantial reward in the future. We are in a position now to consider land with shorter term development potential and we are happy to discuss any details we receive.
A: In the main we focus on higher density urban fringes but this does not preclude us from buying sites that abut more rural settlements. We are particularly interested in land within the North West, Midlands and South East of England but will investigate land throughout the whole of England based on its individual merits.
A: Because we have pre- allocated funds at our disposal and have completed many of our legal checks before we make an offer we are in a position to proceed with a purchase extremely quickly. Typically we may exchange two to three weeks after receipt of draft contracts and complete a week later.
A: Yes - where appropriate. We are constantly on the look out for people who can help us find sites that fit our buying criteria and acknowledge that to be aware of all the opportunities to purchase suitable land that exists at any one time is an enormous task. We work closely with a large number of individuals and companies all of whom are essential to developing and growing our business.
A: That depends entirely on the introduction and the site in question. Typically, if we were to complete on the purchase of land introduced to us by forwarding agents particulars that we were not already aware of, we would pay a previously agreed flat fee. We are happy to remunerate on a percentage of the net purchase price to an individual acting on behalf of the vendor or to an introducer who has made us aware of land not yet on the market. We are keen to discuss these arrangements on a bespoke basis, understanding that a flexible approach is key.
Phone on: 020 7936 2911
