Our extensive experience and knowledge in this field makes us well equipped to ensure the necessary easements are in place at the time of acquisition to allow the development to proceed smoothly. Unusual aspects involving complicated legal rights can be found on any piece of land. We will advise you of any unusual circumstances arising at the earliest opportunity and of any steps which must be taken to ensure the value of the land as a development site is maintained.
We appreciate that transactions such as residential development can require complex Inland Revenue investigations in respect of the Stamp Duty Land Tax Obligations and are able to ensure the matter is dealt with at the outset of the transaction to ensure any future liability in this regard is known in advance. We deal also with obtaining Estate Boundary Approval and Estate Plan approval from the H M Land Registry where appropriate.
An important aspect once the acquisition of the land has taken place is to ensure the negotiation of the necessary agreements such as Section 106 Town and Country Planning Act in respect of monetary contribution, Section 38 Highways Act 1980 for the development of roadways for eventual adoption as a highway maintainable at the public expense and similar agreements for the construction and adoption by the relevant public authority of drainage and water systems.
Negotiations are made with the necessary public authority and any other owners of the land to ensure the most favourable terms are agreed.
Recently obligations have been imposed on residential developers to ensure a certain amount of their development is social housing or shared ownership housing. We are familiar with this requirement and arranging for parts of the site to be transferred or leased to Social Housing Associations for this purpose.
For further details please email:
e-mail:
mtoc@talfourds.com
or
info@talfourds.com
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