Land Trading, Option Agreements and Promotions – What They Are and How to Use Them

About this episode

For this week's episode of Inside Property Development, Paul covers a subject a lot of his trainees at the Milbank Land Academy are asking about - land trading, option agreements and profit agreements. He explains how they are different and shares some use cases for each of them. If you have a question about property development or today´s episode, we would love to hear from you! Please drop your questions in the comments section on YouTube or reach out to Paul directly at https://www.millbanklandacademy.co.uk/contact-us. Your input will help shape future episodes and ensure that Paul is covering the topics that matter most to you, so it would be very much appreciated. KEY TAKEAWAYS The majority of profit in property development comes from finding off-market sites, securing them at a sensible price, and maximising their value through strategic planning and design enhancements. Securing land via options, especially £1 options is a very good way of getting land at the right price. Landowners are happy to do this. You do the work to establish whether the land can be built on, and they know how much you will pay to take final ownership. Land trading enables you to acquir