Catesby Estates plc are founder members of the Land Promoters and Developers Federation.
Too many people in this country feel the housing market is not working for them.
So, how do we fix this?
We believe we can achieve more when it comes to looking for a solution if we work together than as individual so, as a sector, we have come together to collaboratively work out how, beyond our existing work, land promoters and developers can contribute to finding a solution to the undersupply of housing in this country.
The perceived opacity, complicated and lengthy nature of the planning system is commonly blamed for the supply of husing not meeting the demand for new homes. Within this, the role land promoters play in the delivery of housing, infrastructure and entire new communities is often misunderstood.
The Land Promoters and Developers Federation consists of a number of key players in the sector, both large and small, who have come together to speak with one voice on common issues relating to housing delivery. We want to dispense with some of the myths and misconceptions around the role of land promoters and developers by highlighting the expertise and track record of our members as well as through research relating to the sector as a whole.
By coming together, despite our competing interests, our ambition is to enhance the current debate on housing supply and be part of the process of finding solutions that makes the future for those still searching for a home of their own a brighter one. Find out more about the Land Promoters & Developers Federation here.
- Outside of London, there are approximately 541,000 dwellings with outline planning permission on sites of over 100 units.
- Land developers and promoters are responsible for securing outline planning for 41% of these dwellings, the volume housebuilders are responsible for 32%.
- Approximately 100,000 dwellings are held in outline permissions secured by the public sector and other civic bodies equating to 20%.
- The planning process: analysis estimates that for sites of 500 units or more the average time prior to the submission of the first planning application is 3.9 years while the average planning approval period until the first house is delivered is between 5.3 and 6.9 years.
Paul Brocklehurst, Land Promoters & Developers Federation Chairman (Chief Executive of Catesby Estates plc) says: ‘With the debate on housing, how it should be delivered and where, becoming ever more political and the debate increasingly highly charged I am pleased to be a leading member of this new Federation – the only organisation representing the interests of the land promotion sector in this way. Our aim is to be a positive force, driving the debate forward and we look forward to increasing our activity and involvement as a membership organisation in seeking solutions to the issues surrounding housing, infrastructure and new communities.’
REALISING POTENTIAL REPORT - The scale and role of specialist land promoters in housing delivery - DOWNLOAD HERE
Commissioned by the LPDF, the report explores the role of specialist land promoters and developers in delivering much needed homes across England. The study identifies that land promoters are responsible for around 50% of all work on pre-application sites, exploring the potential of land with local planning authorities.
Of the total stock of permissions (some 541,000 dwellings with outline permission on sites of over 100 units), over half are on sites over 1,000 units which will inevitably be developed over a number years.
The report confirms that about 40% of homes on sites over 1,000 units have had an active specialist land promoter driving forward the site. Insofar as there is a clear Government agenda to accelerate the pace of delivery on larger sites, specialist land promoters and developers are clearly aligned to this objective.
We have welcomed the opportunity to engage with the Government in relation to the revised draft National Planning Policy Framework (dNPPF) and accompanying guidance contained in the draft Planning Practice Guidance (dPPG) and the Housing Delivery Test (HDT) Draft Measurement Rule Book. You can can download the LPDF's response here.
What is Land Promotion?
A landowner enters into a legal agreement not with the developer that will eventually build homes on the site, but with a specialist land promoter.
The land promoter takes on the risk and costs of the planning process and in return takes an agreed percentage, of the final selling price once planning permission has been secured, thus maximising the return for the landowner.
Minimising Risk & Maximising Returns
By acting on behalf of the landowner, the land promoter offers a complete solution for those who want to achieve maximum financial return, but have minimal risk, input and financial obligations at the outset of the process.
The promoter's costs are reimbursed out of the land sale, however if planning permission is not obtained by a certain date, the agreement terminates and the land promoter's costs are not reimbursed.
There are various types of legal arrangements available from Promotional Agreement, Options and Unconditional Purchases. Visit our FAQ’s page for more information.