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


 

Sonyia Woolnough

Partner

Head of Commercial

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Hugh Ellins

Associate Solicitor

Commercial Property

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Zoe Tibbles

Associate Solicitor

Commercial Property

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