Figures from the Office of the Public Guardian, the government body responsible for registering lasting powers of attorney, reveal that the number of applications dropped by 25 per cent over the last year. In 2020/21, just 691,746 were made, compared with 917,550 in 2019/20. A Lasting Power of Attorney (LPA) is a document by which
Sales and Purchases of Sites
Whether you are a landowner, investor or a developer we can assist with residential and commercial developments of all sizes from a simple transaction involving a single plot to a large, complex site involving many parties.
At Farnfields, we regularly assist on residential and commercial developments or mixed-use developments including:
- The sale of land for residential or commercial development
- The sale of development sites with the benefit of planning permission
- The sale of commercial developments or residential plot sales following the build
- Dealing with the detailed requirements of lenders who provide finance to developers for land development purposes
We have particular expertise in drafting and negotiating a variety of bespoke legal documents including option agreements, land promotion agreements, exclusivity agreements, overage and uplift arrangements, rights of first refusal and contracts conditional upon planning.
From start to finish we work closely with you, your agent, accountant, and any lender involved to understand all aspects of your transaction and to ensure that as far as possible the deal is structured in the right way for you.
Where appropriate we are keen to visit sites so that we get a real feel for issues that may affect it that may not be readily apparent from simply reviewing the title deeds.
We have a team of well respected, experienced property lawyers with good local knowledge and experience who are here to help you.
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