Promotion & Option Agreements

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Promotion and option agreements are frequently used by developers and housebuilders to secure an interest on property with the potential for planning permission, in order to then obtain consent and receive a share of the sale proceeds in return for their efforts.

Hawkspur negotiate  the best commercial terms of such agreements and the advantages and disadvantages of each. Typically, the developer will contribute towards all or the majority of the landowner’s professional costs.

01787 469361