Specialist land development and property consultancy Mather Jamie has completed the sale of land which will be developed for housing in the village of Wymeswold in North Leicestershire.
The 5.2 acre greenfield site was bought to market by Mather Jamie acting as the sole agent working co-operatively with Rainier Developments who had promoted the site for housing and successfully obtained Outline Planning Permission for 65 dwellings.
The land has been sold on an unconditional basis to private housebuilder Dandara who expect to start work on site later in 2022 to create much needed new housing in this rural village location.
Mather Jamie was first instructed by the landowners in 2018 and during this period have advised their clients at all steps along the way with selection of a suitable land promoter, monitoring of the planning promotion exercise and thereafter managing the sale process in such a way as to maximise the value achieved, finally guiding the landowners through the legal aspects of the sale process in under six weeks.
Mather Jamie senior associate director, Gary Kirk, said: “The rise in house prices over recent months means there is high demand for this type of greenfield development site.
“This is creating unprecedented opportunities for the owners of land that has development potential to seek advice from experts like ourselves who have an in depth understanding of the planning requirements to build developments in rural areas.
“We are delighted to have been successful in matching our vendor with Dandara as we know they will be sensitive to the needs of local community and environment.”
Chris Higgins, land & development director at Dandara, said: “At Dandara we create beautiful homes in desirable locations.
“The development is in a tranquil location at the edge of Wymeswold village meaning buyers will have excellent facilities on hand, as well as being midway between Nottingham and Leicester, providing good employment opportunities.
“It’s also within easy reach of a brilliant village primary school and this, coupled with the new play area we are creating, means it will appeal to families. We’re sure the development will be a welcome addition to the community for local buyers.”
Joshua Sinnett from Rainier Developments added: “We are pleased to have completed the sale of the land at Wymeswold to Dandara which will help support their ambitious growth plans across the East Midlands. Having promoted the land on behalf of the landowner since 2019 the site will provide much needed family housing in this sought after Leicestershire village.”
