A CALL for potential building sites has been made by a neighbouring council, as part of its local plan update.
Buckinghamshire is asking landowners, prospective developers and other interested parties are invited to put forward land to be allocated for development.
Ian Barnett, National Land Director at Leaders Romans Group (LRG) said this was the first stage in the process and if a site was selected as a preferred option, it could become an allocated site for development.
“Even if landowners are unsure as to whether they wish for their land to be developed, it will increase significantly in value when allocated, and so to put a site forward at this stage is sensible,” he said.
“This point in the plan-making process presents a window of opportunity which may not happen again for a number of years, so it’s worth taking advantage of regardless of future plans.”
The process opened last week and is for all sites bar brownfield.
Mr Barnett said: “There is a wide range of development models today – through options, promotion agreements or joint ventures.
“The demand from developers for development sites is huge and land which is assessed positively is in very high demand.
“Seeking professional advice from a land agent that specialises in development is important to ensure that landowners do not incur unnecessary costs and to enable them to make an informed decision.”
