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Land deal paves way for housing scheme

Source: https://www.insidermedia.com/news/midlands/land-deal-paves-way-for-housing-scheme-2022

A housing scheme proposed for a Leicestershire village have taken a step closer following the sale of land to a property developer.About four acres off Maplewell Road in Woodhouse Eaves has been sold to JK Land Ltd by a private landowner, who was represented by property consultant Fisher German.The landowner has been working with Fisher German on promoting the land for housing since 2016, during which time planning permission has been secured for up to 36 properties by the purchaser.It is intended that 40 per cent of the project be allocated as affordable.Luke Brafield, partner in Fisher German’s development team, said: “This proposed development has presented a number of planning and technical challenges. As such, it is a project that enabled us to demonstrate our varied expertise in strategic land promotion, ranging from sourcing developer partners and negotiating terms, to advising on planning promotion and negotiating prices for option agreements.”We are delighted to have assisted in facilitating this deal and very much look forward to seeing a scheme being delivered.”