PROTECTING BUYERS, SOLICITORS & LENDERS

DevAssist is the only company that audits locations for development risks and opportunities.

You could be buying or selling property with no knowledge of how views could be altered or removed due to new development.
Have the neighbours ever attempted to obtain planning permission for new build development?
Are they trying to achieve permission for a basement or an extension?
Are those fields safe from development?
Why are the vendors selling?

You and your solicitor should be asking these questions.

WE CAN ANSWER THEM

DevAssess

A location audit that exposes significant development risk that is both presently and potentially damaging to a property. It will investigate a 75m radius surrounding residential and small commercial properties. DevAssess exposes risks to views, value and enjoyment of the property in addition to providing a professional opinion as to the development potential of the subject property. If the property is larger than half an acre you may need DevAcquire.

£80 +VAT

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DevAcquire

For buyers of commercial property or large residential properties. DevAcquire identifies potential development risks up to 75m from the boundaries of the property. It also looks at the development potential of the subject property, in part or in its entirety. As a consequence of the depth of investigations we carry out it can assist in identifying alternative exit strategies and hidden value for investors and lenders.

£250 +VAT

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DevLondon

London is changing all the time. Developed for the unique and demanding needs of the high value, high risk London market. DevLondon is a unique two-stage analysis of the area surrounding the property highlighting any nuisance planning applications. Before exchange, we update the report with any responses from our Freedom of Information Act request to reveal any other pending planning applications.

£500 +VAT

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DevCheck

Sometimes you just need to understand if some land or an asset has development potential. This report examines the hidden potential or alternative use in a property that may increase its value. It is widely used by solicitors, estate agents, asset managers and debt recovery experts for identifying where land values may exceed existing use values. The report protects Professional Indemnity insurance from the risk of underselling property assets.

£60 +VAT

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Download DevCheck

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Ordnance Survey

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QUICK SUMMARY OF WHAT WE DO

Protect yourself or your clients today.

Watch our quick video to the left to see what we do, and why it is important to you.

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PROTECTING BUYERS

We offer unique and specialist advice to property buyers, both residential and commercial.

What is the single most important factor that contributes to the value of a property? Its location. So why is it always ignored and never investigated?

A misunderstood fact is that your solicitor will only study what is inside a properties boundary yet it is often what is outside it that can impact it. To research a location is time consuming and very specialist. That’s what we do, and why we have protected and prevented serious financial mistakes for our clients.

Buying any property has risks to buyers, lenders and solicitors, and all are closely connected. Exposing unknown risks is essential for all parties concerned.

Melissa Porter – TV Property Presenter comments:

“I can’t see why any solicitor would not urge their client to invest in a DevAssist search”

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PROTECTING SOLICITORS

Are you and your clients at risk? A risk to your clients is a risk to you?

Did you know that 95% of your client base is concerned about development risks. 10% will be affected by it.

With solicitors PI being one of the most common contributory factors to solicitors going out of business can you afford not to protect it? DevAssist have created the only reports of their type in the country. We investigate and audit a location so that buyers of property can purchase with peace of mind, or in the knowledge that change is coming. By understanding change it prevents any blame to the solicitor and increases service levels. Please also see our section on client care wording. Exposing unknown risks and obeying compliance rules is essential for all parties concerned.

Leading planning barrister and commentator, Martin Edwards, observes:

“Information is power. So why would any conveyancing solicitor not offer their client the opportunity to learn about what the future may hold in terms of any possible development threat or opportunity?”

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PROTECTING LENDERS

Development, change of use or views can have a huge impact on value. Understanding a location is critical.

Valuing makes many assumptions and is based on what a valuer sees. Just as a valuer cannot see an environmental or flood risk they will not see a development risk.

It could be land that is going to be used for an alternative and less neighbourly use or a dramatic reduction in view. We have identified numerous examples where a significant change to an area would impact the value of a property.

This is vital information for both the lender and the buyer. Alternatively a property could have hidden value that has not been identified. This could improve the value and lower the risk for the lender.

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CASE STUDIES

The easiest way to demonstrate what we do is by showing you some examples. TAKE A LOOK. You will find them quite eye opening and thought provoking.

£150,000 for mud and no permission in Bloomsbury

A view over water is often considered the safest of views. This is not an unreasonable statement and whilst we admit changes to sea views...

Here today, gone tomorrow

A view over water is often considered the safest of views. This is not an unreasonable statement and whilst we admit changes to sea views...

London – Basement risk

A view over water is often considered the safest of views. This is not an unreasonable statement and whilst we admit changes to sea views...

London – Temporary blight

A view over water is often considered the safest of views. This is not an unreasonable statement and whilst we admit changes to sea views...

VIEW MORE CASE STUDIES
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