An overage agreement will allow a seller a share in any increase in the property’s value after the property has been sold and can be dependent on a number of factors. This is common for example when the buyer has obtained planning permission. Our team has vast experience in different overage provisions to best suit the needs of individual clients and the land.
Below are just some of the overages we have dealt with:
- positive overage – payable on disposal of the land
- positive overage – payable on grant of planning permission
- positive overage – payable on implementation of planning permission
- positive overage – based on proceeds of sale
Please contact us to find out how we can assist you in this regard.