HOW WE WORK
Selling land is not like selling houses. Buyers and sales techniques are different. For this reason, a creative, specialised approach is essential if you are looking to sell UK land for development or investment.
Multiple aspects of a prospective site require detailed assessment and appraisal within the context of the Local Plan. With specialist in-house expertise across all facets of land acquisition, investment and promotion, LandFirst provide a cohesive and strategic solution.
Our comprehensive range of services offers vendors, investors and developers support in any aspect of the land cycle in a constructive end-to-end manner.
Tailored, highly specialised and bringing a wealth of experience to the table, LandFirst are your first and last port of call for all land matters.
Our acquisition process
Deal sourcing
We identify high quality opportunities via:
Bespoke Software
45% leads generated
Land agente relationships
45% leads generated
Open Market sales
10% leads generated
In house appraisal
Identified suitable sites are reviewed by the LandFirst team to create a pre-acquisition report
planning policy analysis
regional valuation
technical & environmental analysis
redisual financial appraisal
pre-acquisition report
External verification
Prior to exchange, reports are commissioned to verify our initial appraisal
Promotional & disposal
Once a site is acquire a competitive tender process is launched to select and appropriate promoter
The local planning process
The Local Plan
Local Authority decide the boundary of the local plan or neighbourhood plan area and publish it along with statement that they are preparing such a document.
Issues and Options
LPA publish an Issues and Options document – this broadly sets out the timescale for the plan, the amount of housing, and the employment and retail required to support it. LandFirst submit representation on this document, bringing our sites to the attention of the local LPA and further requesting that certain aspects are included in the plan.
Draft plan strategy
A Reg 18 draft plan strategy sets out detailed strategies for development options, for example add-ons or a new settlement. The strategy goes on to identify where these sites could be located. LandFirst make compelling representation on this document, pressing for the inclusion of our sites.
Pre-submission Local Plan
In this document, the LPA detail the final housing, employment and retail requirements, and identify the precise site locations to meet these totals. LandFirst submit representation on this final document, either supporting our site’s inclusion or objecting to its omission. This document and all accompanying representations are then sent to the Secretary of State, who subsequently announces an enquiry into the proposals and appoints an inspector to carry out this examination.
Examination and report
An Examination into the Local Plan or neighbourhood plan is held, lasting about 4 to 6 months. The inspector then takes a further 3 months or so to prepare a report. The Local Plan is either found to be sound and approved as submitted, published with modifications, or found to be unsound and withdrawn.
Modification
Generally, there are always modifications to the Local Plan or neighbourhood plan – these are published, with more representations submitted accordingly. The modifications then undergo further examination and enquiry.
The plan is approved with modifications – 3 months later if no examination; 9 months later if examination is required.
Adoption of Plan
There is a Judicial Review period of 6 weeks and then, if no successful challenge is made, the plan is accepted and adopted by the Council.
Who we work with
Get the most of LandFirst and our strategic alliances with top distinguished players on the market.