Cooke & Arkwright advises on all aspects of housing land from its identification and promotion in the planning process, through to sales and development advice. The scale of development sites ranges from less than one acre up to sites of several hundred acres.
Contact:
Michael Lawley BSc. FRICS MCIArb - Chairman
Andrew Gardner BSc. MRICS - Managing Director
Tel: (029) 20 346346
Disposals of land are frequently undertaken and in the first few months of 2000 sales totalling over £16m were completed. Sales can be by means of Private Treaty, Tender or Joint Venture. Advice includes extensive pre-marketing liaison with clients and other advisors in preparing the site in legal and planning terms for disposal.
Advice is given to clients on promoting and preparing sites for eventual disposal at best value. This can be a long term process where an initial site has no planning or development status, and will include advice on securing other areas of land, rights and easements to service land. This work is carried out for both public and private clients.
Although Cooke & Arkwright does not offer a full planning consultancy (preferring to work with specialist planning consultancies who provide that service) it does take a lead in the development of planning strategies as part of pre-marketing advice to ensure that the planning status is secured which will have best impact on the ultimate value realised. Cooke & Arkwright has excellent links with planning consultancies.Scheme Review
Clients, especially lenders, often ask for a scheme review analysing and commenting on a development scheme which is either proposed or being implemented. This review will focus on sales levels and values as well as the scheme marketing policies.
Many clients chose to go into “Joint Ventures” with house builders and these arrangements can be of many different types. Cooke & Arkwright is experienced in development frameworks and joint agreements for both public and private sector clients.
Frequently development land is promoted and disposed of by way of Option Agreements, whereby house builders enter into arrangements with land owners to promote and ultimate acquire the land once it has development status. Cooke & Arkwright is experienced in such agreements and regularly provides advice to both land owners and house builders.