The UK's independent property information site

Go Back   Home Move: property forum > Property Forums > Solicitors and Legal


Solicitors and Legal Legal issues and fees about buying/selling a property.

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 13-01-2017, 09:23 PM
Junior Member
 
Join Date: Jan 2017
Posts: 1
Default Uplift/overage clauses

Hi I wonder if anyone can help me understand a bit more about uplift clauses. We are looking at buying a house with 3 acres, however this 3 acres has a 40% uplift clause on it for perpetuity. Although we'd have no intention of building houses on it, I do run a small business from home so would need a wooden structure (eg 10 square metres) on it to run my business from. Can anyone advise me how the uplift would work in this case....

How do they work out the increase in value?
If you only develop a small portion of land how is this calculated?


Thank you x
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


 

» Property Boards
Buying Property Selling Property Estate Agents Solicitors & Legal Builders & Developments
Property Development Home Improvements Buying Property Abroad


All times are GMT +1. The time now is 07:51 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.

Important Notice: HomeMove.co.uk does not provide professional advice on any aspect of buying, selling, developing or investing property. All posts are provided as lay opinions and not personal professional guidance. You should always seek a qualified professional for professional advice in relation to your personal circumstances. The HomeMove.co.uk forums are not monitored, and the site administrators cannot be held liable for the content of the forum. If you have any objection to any post on the forums, please either use the Report Post feature, or else Contact Us to ensure such content is properly dealt with. We are not responsible for third party links on the site.