An outright purchase is where LGH shall acquire the land or asset unconditionally for a pre agreed price with the client. As a company underpinned by significant assets this process if often seamless, thus taking the usual complexity of property sales away.
Within the agreement LGH will have the right to purchase the asset at a pre agreed price, which is documented within the option to buy agreement. Typically, the period of time shall be no longer than 24 months.
If LGH does not exercise the option to buy within the agreed timescale, the client shall keep the option money. Legal fees and associated cost shall usually be paid on behalf of the client by LGH.
The option to buy agreement is designed to ensure the client has a seamless process with minimum risk.
- With our flexible approach, we are able to build agreements that reflect your needs. Our team is well versed in dealing with the complexities of large-scale site assembly, equalisation and tax matters, ensuring you are in safe and experienced hands throughout the process.
- Land Group Holdings will often pay for all legal fees, architects, planners, including our own professionals time and expertise required with the aim of obtaining various planning approvals.
- The motivations of our land-owning clients are many and varied. The desire to leave a lasting legacy and unlock the value of there asset, an ambition that LGH shares and remains our focus as the project progresses.
- As a privately-owned company underpinned by significant assets, we are able to operate with freedom and flexibility, and can activate finances quickly to secure and complete land acquisitions.
