Development

The McKinstry Company’s expert commercial property team advises on all aspects of property development throughout Ayrshire and beyond.

The team works closely with its developer clients and their professional teams, adding value from the earliest stages of a scheme to completion.

Property development requires detailed coordination to ensure all issues are kept in view and attention to project deadlines. Our work with developer clients always drives the project forward. We co-ordinate project timelines, manage input from others in the professional team, and draft and negotiate the project contracts.

When we work with landowners, we ensure robust contractual arrangements to obtain full value and avoid delay.

We are very familiar with profit sharing and price top-up provisions and understand the pitfalls of contract provisions covering necessary planning or other permissions or abnormal ground conditions.

Our advice for developers includes:

• Site acquisitions, including site assembly and ancillary rights, and conditions precedent covering all usual issues, such as planning and other necessary consents, and ground conditions
• Acquisition and granting of options
• Development finance
• Profit-sharing and other top-up arrangements, and security for future payments
• Plot sales, pre-lettings and deeds of conditions (including liaison with Land Register specialist services)

Our experienced team understands the challenges of bringing development schemes together and managing the interests of landowners, developers and funders.

Our high quality, rapid and commercial advice aims to get the right deal done every time.

For more information about what we do, and immediate access to our expert services contact us by calling on 01292 388067 or via our online enquiry form.

Commercial Property