Development agreements cover the legal framework by which a landowner and a developer agree terms for a project, including timing, price, and the transfer or use of land following planning approval. A solicitor drafts, negotiates, and finalises the agreement, linking it to planning obligations, phased development, and security for performance. They also review related covenants, rent or option provisions, and any land registry entries, ensuring enforceability and alignment with local planning conditions and rezoning risks.
What a solicitor handles in these matters
The solicitor handles drafting and negotiating planning obligations (often under the Town and Country Planning Act 1990), development milestones, financial and on-site security, and related land covenants. They coordinate with planning authorities, ensure alignment with section 106/garment-style contributions, and manage due diligence on land title, permits, and heat/utility infrastructure. They navigate multiple stakeholders, including landowners, developers, lenders, and contractors, to secure a workable, enforceable development timetable.