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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 Deirdre Smith
We received excellent and very friendly professional service with no hidden costs would highly recommend.
Review left by Nicola and Bernard
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Tagged solicitor Marc Natal Del Llano
Have dealt with numerous solicitors for commercial leases over the years and none before have come close to the efficiency and speed of Marc and Lil who make a great double act and get things done. Won’t hesitate to call on them in the future.
Review left by Malcolm Shipp
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Tagged solicitor Rachel Wierzbinski
Would highly recommend. Excellent service on both residential and commercial sales and purchases. Very prompt to respond and always on hand for advice. Extremely professional and can't recommend their services enough. Personally dealt with Rachel Wierzbinski and Chloe Williams in commercial property and the service is second to none.
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