Do You Need Planning Permission Before Selling Land?

Do You Need Planning Permission Before Selling Land?

Many landowners assume that planning permission must already be in place before land can be sold to a developer. In reality, this is not always the case. Developers frequently purchase land without planning consent where they believe there is reasonable development potential.

In some situations, obtaining planning permission before marketing the land may maximise value. However, securing planning permission can also involve time, expense and risk, particularly where the outcome is uncertain.

Some landowners prefer to market the land without consent and allow a developer to take on the planning process themselves. This can sometimes lead to simpler transactions and reduce the landowner’s exposure to planning costs and delays.

At Landbank, we regularly discuss these options with landowners and provide free, no obligation guidance regarding the possible value and potential of their land.