Formalises the relationships between our landowner clients and neighbouring strategic landowners.
The agreement sets out the rights and obligations of each participant and is normally used to efficiently bring forward a large site controlled by various parties. This ensures all parties work together to deliver a common goal of delivery.
This is when a landowner has secured planning permission and gives permission for a developer to come onto the site, put in the services and roads and build the new homes.
The developer and the landowner then share a percentage of the income derived from the profit and assumed land value.
Brownfield v Greenfield
Greenfield sites are undeveloped and mostly vacant land parcels that afford a blank canvas approach to potential builds.
The scheme can be built around physical constraints such as flood zones, varying ground levels or the site's classification - for example, greenbelts, coastal protection zones or Areas of Outstanding Natural Beauty.