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Farm Building and Infrastructure
Buildings & Infrastructure
Planning permission on someone else's land
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<blockquote data-quote="holwellcourtfarm" data-source="post: 3493110" data-attributes="member: 42914"><p>We have turned down a number of option agreements on Dad's place.</p><p></p><p>We were about to enter into a "joint promotion agreement" with hallam Land several years ago but they decided against at the last minute. This seemed much better. In essence they would fund all of the planning process as partners to ourselves and then we would jointly market the site with PP once granted. They offered a non-refundable agreement entry payment (not insubtantial) and then their PP costs were to be met from the final sale proceeds (but NOT their upfront payment to us) before the sale proceeds were split.</p></blockquote><p></p>
[QUOTE="holwellcourtfarm, post: 3493110, member: 42914"] We have turned down a number of option agreements on Dad's place. We were about to enter into a "joint promotion agreement" with hallam Land several years ago but they decided against at the last minute. This seemed much better. In essence they would fund all of the planning process as partners to ourselves and then we would jointly market the site with PP once granted. They offered a non-refundable agreement entry payment (not insubtantial) and then their PP costs were to be met from the final sale proceeds (but NOT their upfront payment to us) before the sale proceeds were split. [/QUOTE]
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Planning permission on someone else's land
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