Reasons to Consider Selling Before Developing

If you have a large block of land and you want to maximise your profits on it, an off-plan approach might be right for you. It allows you to sell your land first, and divide and develop it later. If you are unsure of a buyer’s interest in your land, or don’t have enough money to begin development, this can delay the costly construction process. As the vendor, you usually have 18 months to 3 years to begin this process.
The contracts surrounding these transactions are typically more complicated, so they require a trained legal eye to ensure you are protected. At All Hours Conveyancing we can carefully consider all the elements of your contract, ensuring that your rights are protected.