Landowners have two options when selling development property, either before planning permission is granted with an uplift clause or selling it once planning permission is granted. To maximise land prices selling land with a detailed planning permission obtains the best price. However many landowners cannot afford the costs or risks involved in obtaining planning permission so they will sell it to an investor or builder who can afford the planning costs. In such situations the land is sold for a market price but the Vendor will receive an uplift in the future if planning permission is granted. The uplift tends to decrease the higher the purchase price.
WebbPaton have strong local knowledge, and over the years we have sold land – both with and without planning permission – on sites in Priory Vale, Wichelstowe, Haydon Wick, Purton, Lydiard Tregoze, Lydiard Millicent, South Marston, Washpool, Blunsdon, Wanborough, The Pry, Highworth, Faringdon, Shrivenham, Wootton Bassett and elsewhere around Swindon as well as in Buckinghamshire, Milton Keynes, Oxfordshire, Gloucestershire and Berkshire. With WebbPaton’s office strategically placed on the M4 corridor near Junction 16 on the outskirts of Swindon we are well placed to cover the villages and market towns of north Wiltshire, Oxfordshire, Gloucestershire and Berkshire. WebbPaton keep an up to date list of developers and investors looking for both short and long term strategic land and land with full planning consent.
WebbPaton keep up to date with both the National and Local Planning Policies affecting Swindon Borough Council, Vale of White Horse District Council, West Berkshire District Council, and Cotswold District Council. If you want to invest in strategic land or development land in Newbury, Wantage, Hungerford, Swindon, Highworth, Malmesbury, Cricklade, Royal Wootton Bassett, Faringdon, Cirencester, Marlborough or any of the villages in between please call our Development team to discuss.
WebbPaton also carry out RICS Red Book Valuations to ascertain the value of development land on behalf of our clients.