Property Development can be big business but without the correct site to work with a developer's dream may very well remain just that, a dream.
Finding a good site is extremely difficult with many developers seeking access to the same plots.
As a developer, you may not want to buy land without the security of knowing planning permissions have been obtained for the site, so what should you do? Seek an Option.
Option agreements are an invaluable tool for developers looking to secure exclusive access to a site for a planning application without having to buy the site first. An Option will tie the land owner into selling the property to a developer should the developer serve a notice requesting the sale within a period usually up to 12 months.
For guidance on how an Option Agreement could help secure your next plot of land speak with William Warnock in our Poole office (01202 052042)
The number one secret to making really big profits from property development is to understand that everything starts with Land.