What is land promotion?
Land promotion is the process of assessing and promoting your land for alternative uses such as the development of new homes, by securing planning permission to increase its value. The process is generally fully funded by us, the land promoter.
Is my land suitable for development?
If you have a piece of land or site with good access and proximity to local services, it could be considered to have development potential. There is, however, quite a range factors to be considered when looking at potential development sites that could include environmental, social and transportation issues.
Coppice Land would complete initial research to determine whether a site is suitable, and relay these findings back to you with no obligation to continue if development is not the best option for you.
Why choose Coppice Land?
Coppice Land has been born out of an architectural and planning background. We know how to work with Local Authorities and the Planning Inspectorate to obtain planning permission. At Coppice Land we have experience of working on both straightforward applications, and those that require a large amount investigation, assessment and negotiation.
We are a wholly independent land promotion company. We have no affiliation with any builders, and we do not develop sites ourselves. Coppice Land work on a land promotion basis, where we work in partnership with clients to achieve the best results for the site. We look to obtain the most suitable planning permission and release the value of the land. We do not get paid until the land is sold.
Coppice Land is a family-run business that prides itself on sustainable developments that will enhance each community and provide for its future needs.
What happens after permission is granted?
Coppice Land will work with land agents to secure a sale that will be mutually beneficial for both parties. We work closely with clients to ensure the right developer obtains the site. It may not necessarily be the highest offer that will be right for the site and the community, but we will always ensure the deal represents great value for you as the landowner.
Once successful, how is the fee calculated?
Coppice Land’s success fee is calculated based on full reimbursement of costs plus a percentage of the uplift in land value. This will only be payable once the land has been sold.
What is uplift?
Uplift is the sale price of the land with planning permission, minus the current land value.
What percentage of uplift will Coppice Land take?
Between 15% and 25% is common, depending on the risks and length of the project.
For example, if we secure an uplift of £400,000 in the value of your land, we would seek reimbursement of our costs (usually somewhere between £20,000 – £50,000) plus 15% of the uplift (£60,000).
The potential returns for the landowner can be huge, with no risk on your part.
What does Coppice Land funding cover?
Coppice Land will cover all fees involving the planning and sale process of the land, including but not limited to:
- Legal fees
- Architectural services
- Planning services
- Planning application fees
- Third party professional fees e.g., surveyors, ecology, drainage, landscaping etc
What happens if Coppice Land fail to achieve planning permission?
That’s on us – if we fail to secure planning permission and all appropriate options have been exhausted (appeals, revised applications) then we shake hands and walk away, and the process has cost you nothing.
When is the success fee paid?
We only get paid when the land is sold. Coppice Land will aim for the sale of the site to be within 6 months of gaining planning permission. However, our contracts allow room for flexibility in selling the site if the market is slow.
What is the time scale for securing planning permission?
Timescales will always depend on the scale of the project; straightforward sites could be completed within 12 months. Other projects could take 2-3 years, allowing for a couple of planning applications if necessary, engagement in the Local Plan process for larger sites, and thorough public consultations.