We provide the complete commercial debt recovery service; from outsourced early arrears collections through to expert litigation, all handled in-house by a multi-award winning law firm.

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We provide the complete commercial debt recovery service; from outsourced early arrears collections through to expert litigation, all handled in-house by a multi-award winning law firm.

Visit our debt recovery website

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Overage agreements

Approach

Our team of property solicitors will guide you through the legal and practical issues that arise when negotiating or becoming bound by an overage agreement.

Whether you are a seller benefiting from overage, or a buyer is subjected to its terms and conditions, our solicitors will ensure that a legally-accurate, correctly-documented overage agreement is in place to protect your interests.

Our advice will include guidance on:

  • When the overage should become payable
  • Whether the payment will be a fixed sum or a percentage of the enhanced value of the land
  • What deductions may be offset against the increase in the value of the land
  • Whether the overage takes effect on one single occasion or against any further future development
  • How the overage will be protected

Overage agreements

Experience

Our commercial property solicitors have a wealth of experience in advising on all types of complex and high-value overage agreements and have amassed detailed knowledge on the pitfalls and risks associated with such arrangements and how these can be avoided.

We frequently advise a significant number of organisations with overage agreements, including investors, housebuilders, landowners, developers, property management companies, educational establishments, charities and care service providers.

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For more information and advice, please contact us on 01332 226 125 or complete the form below.

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