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Land Acquisition – Why You Would Need The Services Of A Solicitor
Real estate development is part of the heartbeat of the city. It is indicative of progress and growth in the economy. So, it is good to see that new construction projects are progressing. However, for this to take place, property developers must acquire the correct piece of land to ensure that the project can go ahead. This acquisition process is a legal process that requires the assistance of a trusted partner in the legal niche that is concerned with land development.
This is where the expert knowledge and skills of the team at Grant Saw Solicitors LLP comes in handy. The legal firm offers a wide range of outstanding legal services and one of the subdivisions of their legal department is that their expert commercial property solicitors take care of development land. What we wanted to know was why would anyone need the services of a legal expert in development land and why would this team of leading commercial property solicitors include this service under their service portfolio?
The most prominent answer is that this kind of legal service becomes necessary when you want to buy land to construct either commercial ...
... units or residential property on it. The process to purchase land for this purpose is not much different than when you want to buy any other piece of land, but there are minor changes, and it is with this that the team can support you.
One of the changes is that there might be a need for additional searches which would determine the feasibility of the piece of land for property development. For example, developers need to know if there are any gas lines, water pipes or even electrical infrastructure running towards the piece of land.
The timespan that you would need to consider for the process is roughly around six to eight weeks depending on whether the process runs smoothly or whether certain unforeseen challenges occur. These challenges can include whether there are planning permissions already in place and how long it might take to obtain the necessary approvals to continue with such a construction process.
As this sounds like quite a complex process, you might expect to have to foot quite a steep bill for the legal processes. However, when you choose to work with a trusted team like the one at Grant Saw Solicitors LLP, you can be sure to enjoy the benefit of a sliding scale fee. This means that the team would determine the cost of the process by basing their fees on the value of the property in question. Another determining factor in this sliding scale is also the complexity of the deal.
The legal experts at Grant Saw Solicitors also state that you can save costs by having certain aspects already in place before you reach out to this legal team for assistance. If you have clarity on what piece of land you want to purchase, what the conditions are that are linked to the deal, what payment process would be in place for the acquisition and what is acceptable planning permission for the deal, you are already quite far advanced in the process.
Not only does the number of new developments serve as proof of the state of the economy in any country, but a thriving economy also depends on having enough development projects in place. So, the team at Grant Saw Solicitors LLP would go out of their way to do anything to support such an initiative that boost the national financial health. They don’t only believe in the need for development but are also committed to doing so responsibly and without unnecessary challenges and concerns.
About Us:
Through consistent hard work, our devotion to the legal field and always serving our clients with exceptional help and support in all kinds of legal matters, our team managed to build a strong and trusted reputation for our firm in the world of legal matters. We have legal experts from a range of niche fields on board. Each of our team members shows their daily commitment to bring our clients only the best outcomes possible as we can take care of a wide range of legal services. Visit our website at https://grantsaw.com/ and see how we can assist you with our legal services.
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