TLDR – Quick Answer BNG credits are government-sold biodiversity units that developers must purchase as a last resort when they cannot achieve the mandatory 10% biodiversity net gain through on-site or off-site habitat creation. The biodiversity credits scheme allows the UK government to sell biodiversity credits to developers if the required biodiversity net gains cannot […]
Understanding the fundamental principles that govern property ownership in England, Wales, Scotland, and Northern Ireland UK land law forms the backbone of property ownership and real estate transactions across England, Wales, Scotland, and Northern Ireland. For beginners navigating property purchases, understanding UK land law principles isn’t optional – it’s essential for protecting your investment and […]
Why smart buyers check for overage clauses before they check the price Overage clauses represent one of the most overlooked yet potentially devastating costs in property acquisition. While buyers obsess over purchase prices and development costs, overage clauses lurk in legal documentation, ready to claim 25-50% of future profits from unsuspecting property owners. Understanding overage […]