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What is a Promotion Agreement?
15 May 2024
A promotion agreement is a legally binding contract between a landowner and a developer. It allows landowners to leverage a developer’s expertise to navigate the complexities of planning and maximise returns on their property. Promotion agreements are often used in residential developments and are particularly suitable for complex planning situations and longer-term projects. Developer’s Role: …
I have received a letter from a developer/ housebuilder/ promoter what should I do?
20 May 2024
This can be an indication of planning potential. Whirledge & Nott’s Development team can advise on the planning potential and the best method of securing that potential whether by way of a planning application, planning representations or indeed entering into some form of joint venture agreement such as an option or promotion agreement. If you…
How do I partner with a property developer?
18 June 2024
Collaborating with a property developer can serve as a strategic decision to capitalise on opportunities and minimise potential risks. Below are a few guidelines to keep in mind when establishing a joint venture (JV) with a property developer. Understand the Basics of JVs: A JV is a collaborative effort with a third party aimed to…