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An option and development agreements work covers contracts that give a purchaser or developer the right to buy land at a future date and to secure planning or development permissions. A solicitor drafts, negotiates and files the option deed, considers the price mechanism, and coordinates any linked development agreement, planning obligations, and collateral security. They review reserved matters, ensure triggers for exercise are clear, and manage risk around partial entries, funding, and warranties as the project progresses.
The solicitor handles the drafting of option terms, triggers for exercising the option, and any price adjustments or indexation. They structure related development agreements, ensure security interests and guarantees are in place, and coordinate with planning authorities, landowners, lenders, and contractors to align timelines and obligations with the project’s funding and delivery milestones.
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Tagged solicitor Nicola Hobson
Nicola went above and beyond in terms of helping us with our purchase. Really pushed to get things done as quickly as possible.
Review left by John Robson
