We are on a crusade to deliver 50,000 units and now we are down to 49,072 units so we need to do deals with you!
There are varying ways in which we can facilitate a deal for you in one way or the other. Below are our requirements also followed by the different ways in which we can implement a structure that will fit, depending on what your requirements and needs are. Whatever the case may be, we will be able to put together a deal that suites you entirely.
Everything for us is about customer satisfaction and performance, and what we can assure you of is that no matter how big or small your land or property is, if it falls within our deal foot print and it is not being publicly marketed by another agent and is priced right we will be able to get a deal done and produce the right result for you as we have done and are doing for other clients.
OUR REQUIREMENTS
Land
- Land with or without planning permission within our deal foot print
- Land size – quarter of an acre minimum with no upper limit
- Land use – residential or mixed use
- Purchase price between £250,000 – £300m+
- Sites suitable for accommodating anything from 10 – 5000+ units which can be flats or houses or a combination of both
- Conditional and unconditional purchases
- Office blocks which can be converted into residential under PDR
JOINT VENTURES
Dandor has a strong network of contacts of developers across the UK and overseas investors to leverage on behalf of landowners. This means we can maximize your land by ensuring the right level of commercial receipt and return on your land asset is achieved. Our clients have extensive track records working with land owners on different scales of developments.
Should you own land within our deal foot print and you would like a credible developer partner or investor to work with you, we are perfectly placed to facilitate and put this together. Below are two very simple illustrations of how a joint venture would be structured with and without planning.
Please note that the stucture of the joint venture can change depending on the developer and the deal specifics.
With planning permission:
- land owner and developer agree terms – land price and profit share and time frames
- land owner puts land in as their contribution
- developer doesn’t pay anything to land owner upfront
- developer funds all the construction costs and all other all other payments
- once building works have finished properties are put on the open market or sold entirely to an investor
- land owner is paid out their land value first from sales receipt
- developers costs are then recovered from sales receipt
- profits are split according to agreement
Without planning permission:
- land owner and developer agree terms – land price, profit share, build program and time frames
- land owner puts land in as their contribution
- developer doesn’t pay anything to land owner upfront
- developer submits a pre planning application at their cost
- pre application comes back positive, developer submits a formal planning application at their cost
- planning is granted
- developer funds all the construction costs and all other all other associated payments
- once building works have finished, properties are put on the open market and sold individually at market value or sold entirely to a housing association or a UK based or overseas investor at a discount
- land owner is paid out their land value first from sales receipt
- all developers costs are then recovered from sales receipt
- profits are split according to agreement
OPTION AGREEMENT
RESIDENTIAL PORTFOLIOS
For more information please contact us on:
T: +44 (0)20 7294 7557
F: +44 (0)20 7523 5384
E: info@dandorproperties.com