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Thanks for your enquiry.
In these situations, it would be normal for a Developer to purchase all the land in question, and your share would be a percentage, based on the extent of your land, of the whole sum agreed.
In order to get to such a figure, you need to instruct your own specialist Surveyor to advise you- I am not sure, for example, whether your land would perhaps be the main entrance to the new development, and if it is, you would be entitled to a larger slice as it would be classed as a "ransom strip".
I suggest you contact a Surveyor straight away and he can liaise with the other Land Agent.
I hope this helps.
Hi Geri, thanks for your reply. If you can get away with it, I wouldn't offer to pay towards the planning costs- you won't be disadvantaging yourself by doing this, as the application will include your land, and the other parties can't implement any permission without your consent. As it may be slightly up in the air at the moment, you are best to sit back and the application is successful, you can then get involved. Hope this helps. Kind Regards Al
Hi Geri, thanks for rating my answer. Firstly, you would need to instruct a Surveyor (to make sure that you are not being short changed with any proposed deal). As and when any deal is struck, you would then need a Solicitor to draft any paperwork/go through your Deeds etc. Good Luck! Kind Regards Al
I hope I have already answered your original question, but happy to answer this.
Firstly, anyone can make a planning application 9it does not have to be the legal owner of the land in question), so you have nothing to worry about there.
As regards ***** ***** I suggest you go and ask for an informal chat (to get the low down) and tell him that you will of course be seeking your own advice thereafter. Once you now what the proposed deal is, you can then speak to your own Surveyor and Solicitor.