Land Service Package
Intelligent Land’s successful partnership with Magna Housing
EXECUTIVE SUMMARY
This case study highlights Intelligent Land’s successful partnership with Magna Housing, a Registered Provider of affordable housing, in overcoming the challenges of efficient land acquisition within their target area. We detail our tailored approach and the significant outcomes achieved.
SUMMARY
Expertise Land acquisition
Partnership Magna Housing
Project type Streamlined process for acquiring land
Location South West of England
INTRODUCTION
- Background Information: Magna Housing required a streamlined process for acquiring land, balancing operational demands with their commitment to providing quality housing solutions.
- Objectives: Our objective was to identify and secure land opportunities aligning with Magna’s financial, development, and location needs.
PROJECT OVERVIEW
- Scope of Work: Intelligent Land deployed a team of experts to manage the end-to-end process of land acquisition for Magna.
- Timeline: Ongoing engagement for continuous land acquisition.
- Team and Stakeholders: Our team of chartered surveyors, planners, and land agents collaborated closely with Magna’s team.
- Opportunity Presentation: Following the initial search, we presented Magna with a curated list of viable land opportunities. This transparency and detailed reporting empowered them to make informed decisions.
- Negotiation Expertise: Ensuring a smooth process, we initiated legal negotiations with landowners and/or agents. Our team played a crucial role in agreeing on prices and navigating through legal intricacies, guaranteeing the successful acquisition of the target sites.
- Comprehensive Support: In addition to legal negotiations, we provided Magna with assistance in appraisals, market research, and due diligence during the price negotiation and legal phases.
- Future-Focused Partnership: Our commitment extends beyond individual projects. We continue to proactively search for land opportunities on behalf of Magna, maintaining a dynamic and evolving rolling land list. This ensures we are poised to identify and secure further site acquisitions in line with their strategic goals.
CHALLENGES AND SOLUTIONS
- Challenges: Identifying suitable land opportunities within specific search parameters set by Magna, considering size, price, and planning aspects.
- Solutions: Leveraged advanced tools and methodologies, including bespoke software and detailed planning application searches, for a targeted and efficient search process.
RESULTS AND IMPACT
- Quantitative Results: Acquisition of three key sites across Somerset with outline planning consent for a total of 104 dwellings.
- Qualitative Impact: Strengthened Magna Housing’s portfolio and facilitated the provision of quality affordable housing.
LESSONS LEARNED AND BEST PRACTICES
- Importance of understanding client-specific requirements.
- Benefits of using a combination of technology and expert negotiation skills.
CONCLUSION
Through Intelligent Land’s expertise, Magna Housing successfully navigated the complexities of land acquisition, resulting in the procurement of significant sites for their housing projects.
GET IN TOUCH
Simon Trueick
st@intel-land.com
07704 497137
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