WHO ARE WE?
WHAT DO WE DO?
HOW DOES IT WORK?

WHO ARE WE?

WHO ARE WE?

Terra Strategic (Terra) is a privately owned Land Development Company targeting all opportunities where our extensive in house expertise enables us to maximise any land value.
The assembled team has a vast amount of experience in the Land Development and House Building Industry thus making us extremely well placed to evaluate, secure and gain a valuable planning approval.
The business has significant financial resources available which enables us to provide a complete and secure approach to any supporting information, reports, surveys and consultants required to fully assist with any planning application.

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WHAT DO WE DO?

WHAT DO WE DO?

Our Target is to enter into Agreements with landowners and then pursue, fund and secure the best planning permission available and in the shortest possible timeframes, all at our risk.
Also, due to the level of our financial resources we are able to offer our ability to purchase land immediately should any landowners circumstances require a quick solution to their sale process, with or without any planning approval in place. Inevitably this approach does not maximise the potential value of the land for the owner, but enables a speedy and fair outcome if that is what is required.
A dedicated and proactive approach is employed on each parcel of land we work through the planning process and we are able to draw upon our years of development experience and expertise to ensure the highest possible resulting land value.

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HOW DOES IT WORK?

HOW DOES IT WORK?

When selecting Terra Strategic as your preferred developer we become as committed as you to maximising the value of your land. You can rest assured that all upfront expense and associated risk involved with the legal process and any planning application (and any required Appeal) is covered by us.

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MEET THE TEAM

 
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Mark and James were, respectively, Managing Director and Land Director formerly of Banner Homes Midlands and have a detailed knowledge of the House Building industry and residential development. Banner Homes Midlands grew to one of the strongest upmarket house builders in the region prior to the acquisition by CALA Homes in 2014.

As Banner Homes they have delivered a significant number of complex and difficult planning consents. Mark and James have a full understanding of what the eventual purchaser of land requires thus making the eventual disposal more streamlined and valuable.

 

FAQS

What is a Promotional Agreement?

You as a landowner legally agree to grant us a set period of time to obtain a planning consent.
We underwrite all costs and in return we gain payment at an agreed percentage, which is awarded
out of the sale proceeds of the land and so, there is a common aim to maximise the value.

What is an option Agreement?

There are predominantly two different types of Option Agreement. The first being a ‘Fixed Price’ (FPO) and the other being a ‘Percentage of Open Market Value’ (%OMV). Both Agreements provide Terra with a specific timeframe in which to try and achieve a planning approval on the land and then if successful provide us with the ‘Option’ to go ahead and purchase the land.

If it is a FPO then the Purchase Price is already agreed, however, if it is a %OMV Option then the land price is to be agreed having carried out a valuation of the achieved Planning Approval.

%OMV Option Agreements are more commonly used on larger parcels of land where the eventual / resulting scale of the planning permission is more difficult to predict and place a fixed price on prior to carrying out site due diligence.

How long will I be in an Agreement?

Typically, our agreements range between 5 – 10 years, as securing a planning approval on your land may involve a strategic approach. This may include promotion through the Local Authorities planning policy, political lobbying and significant research to demonstrate the site’s suitability for development.

Terra will be committing significant financial resource from the outset and so we need any agreement
to provide a sufficiently reasonable amount of time, in order to exhaust the possibility of gaining a planning approval and hence maximise the value.

Can I sell my Land while the Agreement is in place?

Yes, but any agreement will need to be assigned to any future purchaser / land owner.

How much will Terra take as their share of the land sale if via a Promotion Agreement?

Terra will receive an agreed percentage of the land value when it is sold, this is usually a function of the level of risk and timeframes involved. However, if the site does not achieve a planning approval, Terra do not get paid, therefore, the onus is on us to secure a consent.

Are there any costs to the Land Owner?

None, in fact we pay you to provide us the ability to work on the project and exchange the
Agreement.

How is the land sold if via a Promotion Agreement?

Once planning permission has been granted Terra will produce a Marketing Strategy to the landowner for
approval and discussion. The Marketing Strategy will include a Marketing pack, which will enable any perspective purchasers to fully evaluate the development. Terra will discuss each offer received and agree the disposal strategy, which will be based on a number of factors including, price and ability to perform, etc.

What happens if we do not obtain planning permission or receive a refusal?

In the event that planning consent is not obtained, Terra will assess the reasons for any refusal and re evaluate the strategy. We have significant experience of working with highly regarded legal advisors and barristers to successfully overturn planning refusals. If any potential to secure a planning consent remains, we will continue to endeavour to pursue a planning approval.

Alternate forms of agreement

Our preferred route is to utilise either a Promotion Agreement or Percentage of Open Market Value Option Agreement as both styles provide a flexible approach to maximising value and also removes (in the main) any renegotiation of the land price, were it to be fixed day one. However, if there are alternative methods of acquisition preferred then we would be interested to discuss these further. Our significant financial resources enable us to have a flexile approach to every aspect of the acquisition process.

DEVELOPMENT PROJECTS

Here’s a look at a few of our latest projects.
CALLOW END

CALLOW END

CRADLEY

CRADLEY

CROPWELL BISHOP

CROPWELL BISHOP

EDGBASTON

EDGBASTON

HAWKESBURY

HAWKESBURY

LEONARD STANLEY

LEONARD STANLEY

LONGWORTH

LONGWORTH

SALFORD PRIORS

SALFORD PRIORS

TETSWORTH

TETSWORTH

THAKEHAM

THAKEHAM

COMING SOON

COMING SOON

COMING SOON

COMING SOON

TESTIMONIALS

Mark and James tackled the problems of getting planning with a can do attitude, they did exactly what they said they would do, they worked hard to steer the scheme through difficult circumstances and were always approachable and available to discuss the scheme.

Susan Grant-Nicholas Barnt Green

Tim has dealt sensitively with delicate local political and complex planning issues in a professional and totally dedicated way and delivered a great solution for the community and us as the local employer, despite serious obstacles being put in place.

Ronnie Wilson Monaghan Mushrooms

Brochure

A brochure containing all you need to know about Terra from our most frequently asked questions to updates on our latest land acquisitions. READ NOW

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