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Property Development
Q. How much is my site/property worth?
A. This will depend upon a considerable number of factors but with the starting point being to ensure that any planning consent maximises its value. We therefore test the viability of all land use options before expressing our professional opinion, based upon our extensive local track record and accurate knowledge of the various elements within a development appraisal.
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Q. What is the best way to sell my property?
A. This will depend upon your timescale requirements, and the nature of your property. We regularly sell land by all methods being outright sale by tender or private treaty, conditional contract, option, joint venture (which enables landowners to stay involved in a development process and participate in the profits on some types of development without commensurate risk) We can achieve the best solution for your needs to maximise value. Following an agreement to sell we liaise closely with solicitors to ensure that any contract fully protects our clients’ interests.
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Q. Do I need to get planning permission before selling?
A. In the majority of cases planning permissions are achieved prior to a sale. But if the principle of redevelopment is accepted by the Local Authority then we have sold many sites without the delays for planning permission which can often be a lengthy process and without incurring the costs. This may involve a lower price being obtained to reflect the element of risk and delay.
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Q. Is now the best time to sell?
A. We constantly monitor the demand and value of development land. We will always offer professional advice based upon your individual circumstances. Many owners are currently taking the decision to sell and instructing our Company.
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Q. Should I sell direct to a developer without advice?
A. No, whilst there may be an initial short term saving in fees, you could lose significantly if the developer was to pay you a price based on a less than optimum development or there is potential for a more financially beneficial use which you are not aware of.
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Q. Why should I instruct Aitchison Raffety?
A. Aitchison Raffety have a long established track record at selling development land for residential, mixed use and commercial purposes. We pride ourselves on finding innovative solutions to difficult cases and we would be entirely confident to supply references of major land owners who have benefited from our expertise. Please call for an informal without obligation and confidential meeting.
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Q. Do I need to employ other Consultants?
A. We have substantial in-house expertise including Chartered Town Planners. We regularly project manage large projects and can recommend other Consultants as necessary, such as Highways, Engineers, Arborculturalists etc.
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