Overage

This has been developing over the last few decades. It is also known as Clawback and Uplift.

Overage provides a Seller with a method of selling a property at a particular price while reserving the ability to receive more money in the future if certain pre-agreed events happen, for example:-

• The grant or implementation of a planning permission for change of use
• The sale of land with the benefit of a planning permission for change of use
• The intensification of use

We have many years of experience negotiating and creating Overage agreements right through to overseeing Overage payments when triggered.

Key Contacts