Published: 28th September 2020
Area: Real Estate & Planning
Even with the pandemic taking over many aspects of our lives, developments are going ahead, and that means landowners and developers will still be in need of support.
Below you can find a summary from a number of helpful webinars, offering guidance on a range of issues, including obtaining vacant possession and land promotion.
Obtaining vacant possession and the impact on land development
In real estate, it is not uncommon to hear the term ‘vacant possession’ used. Simply put, it means the purchaser has the right to exclusive use of the property on completion of the sale. However, when land is bought for the purposes of redevelopment, how to obtain vacant possession must be considered.
In our vacant possession webinar, we look at when to consider vacant possession in long term land promotion, what impacts the land and the ability to give vacant possession and the timescales involved.
View the 15 minute webinar on obtaining vacant possessions on SHMA® ON DEMAND >>
Land promotion from a landowner perspective
Although we are living in uncertain times, there are still opportunities out there for strategic development. In fact, the pandemic has forced landowners to find new ways of thinking and collaborating, potentially making the future of developments a more positive one.
However, it is clear that more development is needed, and there’s no time like the present to start planning. Our land promotion webinar covers everything from the perspective of the landowner, looking at:
- The legal and planning framework
- The importance of common interest
- The different stages of the process
- The considerations for promoting land
- How best to protect your interests
View the 20 minute webinar on land promotion (from a landowner perspective) on SHMA® ON DEMAND >>
Land promotion from a promoter/ developer's perspective
We also have a second land promotion webinar - this time discussing things from the promoter or developer’s perspective.
As well as covering the legal planning framework, the importance of common interest and the different stages of the process, they also explore the obligations on promoters and developers, the consideration of risk, and strategies for planning success.
VAT and Stamp Duty Land Tax issues
The pandemic has caused one question to come to the forefront of developers, house builders and landowners’ minds: ‘To let or to sell?’. With the current environment constantly changing, strategies are having to alter to fit demand, but the VAT and stamp duty implications of doing so must be considered.
Our VAT and SDLT webinar discusses the tax structures and VAT issues that developers and landowners must put thought to, both in terms of long and short-term lettings, as well as sale and land promotion agreements.
View the 25 minute webinar on VAT and Stamp Duty Land Tax issues on SHMA® ON DEMAND >>
If you’re a developer, read our blog on how to tackle tax during COVID-19 >>
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SHMA® ON DEMAND
Listen to our SHMA® ON DEMAND content covering a broad range of topics to help support you and your business.
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