Selling your house to a developer

Do you have a house, building, garden or a plot of land that you are thinking of selling?

Read on for our answers to some of the questions most frequently asked by vendors.

 

Vendor FAQs

1. What sort of property are you interested in buying?

If you have a house, building, garden or a plot of land that you want to sell, whether you are a private owner or the representative of a company, we would love to hear from you.

2. Are there any properties you are particularly interested in?

Yes, there are.

  1. plots of land between 0.2 and 2 acres
  2. end-terraced houses or houses/buildings on road corners
  3. office or light industrial buildings for conversion via permitted development rights

However, even if your property does not meet all these criteria, we would be happy to consider each opportunity on its merits.

3. What sort of areas are you interested in?

We are particularly interested in property or land in the London Boroughs of Bromley, Bexley, and Croydon and the Kent districts of Dartford, Sevenoaks, and Tonbridge and Malling. You can see a map of our most sought-after areas here.

However, if your property is situated just outside these areas e.g. in Crawley or Maidstone, we would be happy to consider each opportunity on its merits.

4. Does my house/building need to have planning permission in place?

No, it does not.

We would consider your property whether:

  1. it already has planning in place
  2. it has no planning in place
  3. planning has lapsed
    (and even)
  4. if planning was ever refused.

 

5. What do you intend to do with it?

It is likely that we would either convert the house/building to separate apartments or look to demolish it and build something else in its place.

 

Borough Green for vendors FAQ

 

6. How much will you pay for my property?

It depends on two main factors:

  1. What planning permission the council is likely to grant us i.e. the number and type of developed homes – this will determine the end-value of the scheme.
  2. The expected cost of building the property

We will appraise your property and give you an indicative answer within 24-48 hours.

7. What are the next steps?

Once you have decided to work with us, we will then enter into an agreement with each other. This is so that you, as the vendor, have the safety of knowing exactly what comes next. This will almost certainly involve us, as the developer, applying to the council for planning permission to develop your property.

8. How long will this whole process take?

Some councils respond more quickly than others and are keen to approve new developments. We will be able to tell you how long the planning process will realistically take in 2 different scenarios:
1) if the council approves planning permission
AND
2) if the council refuses planning and it goes to appeal

9. When will you actually buy the site from me?

Once planning permission has been granted, we will then instruct our solicitors to quickly move matters to the next stage to buy your home from you. How quickly this will happen is something we will have discussed at the very start of working together.

10. What do I need to do now?

Give us a call or send us an email! We look forward to speaking with you.
Click here to get in touch and discuss your opportunity.

 

See our most sought-after locations here.