Our Service

The acquisition and site assembly of development sites is often the most difficult element of residential development.

Straightforward purchases may be appropriate if the site already has a suitable planning consent for development, or property is being acquired as part of a longer term land banking arrangement.

Perhaps the most common way of proceeding is via a purchase contract conditional upon the purchaser obtaining a suitable planning consent. The developer will want to ensure that it has contractual certainty about being able to purchase the property if it obtains a suitable planning consent. We will work with the developer to deal with the question of what comprises an acceptable planning consent and ensure that they will only be obliged to proceed with the purchase once the judicial review challenge period has expired. 

Options can be a very useful tool to control the acquisition of land. Option are just that, they give a purchaser an option as to whether they want to buy the property. It can be used to be able to give certainty about the purchase of the land and to allow various other elements to be brought into line before exercising the option and being contractually bound to purchase the land.

Sites where there is disparate ownership can present developers with great difficulties in assembling control of the site without land owners extracting excessive value. We can assist by using a combination of straight purchases; contracts which are conditional upon achieving planning consent; and option agreements. Coupled with the use of non-disclosure agreements we can help with the assembly of a site without alerting the other land owners as to your plans.

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Our Approach

With a team of 20 legal professionals dealing with residential development the Myerson residential development team is one of the largest in the North West. The breadth and depth of experience that the team brings is able to be fully utilised to ensure that clients achieve the best possible outcome to their proposed development project. The team is well used to dealing with very complex development matters, whether these relate to complex joint venture structures, overage issues, funding arrangements or residential unit sales.

We provide advice in clear terms tailored to your requirements to ensure that you achieve your desired outcomes with as little stress as possible.

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Our Promise & Core Values

Our Promise

The Myerson Promise - Our Partners, team of lawyers and support staff commit to giving our clients more.

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To always give you clear, jargon-free advice.
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To be completely transparent about our fees from the outset.
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Progress every matter in an efficient and timely matter.

Our Core Values

Our core values are at the centre of everything we do.

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We are always professional but ensure that we are friendly and approachable.
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We are determined and enthusiastic about supporting our clients and our people.
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We willingly take responsibility and can be relied on to be commercial, effective and efficient.

Our Experience

Examples of our recent work include the following:

  • The acquisition of a site in Salford for a development of over 600 residential properties including the site assembly from several different landowners, dealing with development funding and then managing the sale process to end purchasers. 
  • Acting for land owners concerning a promotion agreement whereby their land was put through the planning process by the promoter and then sold on to a national housebuilder.
  • Acting for landowners in relation to the sale of their land to a national housebuilder by way of a contract conditional upon planning. The contractual arrangements were complex and needed to protect and secure the landowner’s position over a period of several years, whilst the housebuilder gained planning consent.
  • The acquisition of development land on behalf of developers upon which to build more than 1,000 houses and dealing with adjoining landowners to facilitate the access to and servicing of the wider development area.
  • Acting for land owners in relation to the sale of land to a housebuilder and including overage provisions to enable the land owner to share in any value created from future development of the site.
  • Acting for developers in relation to the purchase of an industrial site in Salford on a conditional upon planning basis and then the development and sale of 400 apartments.
  • The purchase and development of a Manchester city centre residential development site on behalf of developers and the forward funding arrangements for the whole block with a PRS fund. 
  • Acting for a developer in relation to the development of high value apartments in a prestigious Cheshire location, including securing the site by way of a contract conditional upon planning and then the sale of the completed apartments to individual owner occupiers.
  • The sale of a substantial freehold reversion portfolio to a specialist ground rent fund.
  • Agreeing the joint venture arrangements between landowner and developer concerning the development of a substantial residential scheme on a Greater Manchester site.

Contact Us

Our Promise & Core Values

Our Promise

The Myerson Promise - Our Partners, team of lawyers and support staff commit to giving our clients more.

.
To always give you clear, jargon-free advice.
.
To be completely transparent about our fees from the outset.
.
Progress every matter in an efficient and timely matter.

Our Core Values

Our core values are at the centre of everything we do.

.
We are always professional but ensure that we are friendly and approachable.
.
We are determined and enthusiastic about supporting our clients and our people.
.
We willingly take responsibility and can be relied on to be commercial, effective and efficient.

Meet Our Specialists

Home-grown or recruited from national, regional or City firms. Our specialists are experts in their fields and respected by their peers.

Richard Lloyd

Richard Lloyd

Richard is a Partner and Head of our Commercial Property department

Joanne Perritt

Joanne Perritt

Joanne is a Partner in our Commercial Property department

Jeremy Lee

Jeremy Lee

Jeremy is a Partner in our Commercial Property department

Andrew Chapman

Andrew Chapman

Andrew is a Partner in our Commercial Property department

Mark Gillies

Mark Gillies

Mark is a Partner in our Commercial Property department

Dee Dewhurst

Dee Dewhurst

Dee is a Senior Solicitor in our Commercial Property department

Testimonials

Contact Us

Please send us your enquiry using this enquiry form, or you can send us an email to lawyers@myerson.co.uk