Sell Land for Development in Magherafelt
If you own land in Magherafelt that could take new homes, you can sell it to Land to Homes as it stands or let us take it through planning first. Selling now gives you certainty. Going through planning first usually raises what the land is worth. On promotion agreements we fund the planning work, and on option and promotion agreements we pay your reasonable legal fees.
Magherafelt · BT45Free site appraisal
Tell us about your land and we will call you back. No cost, no obligation.
Prefer to talk? Call 0800 088 6248.
- Free site appraisalNo cost, no obligation
- Legal fees coveredReasonable fees, on options and promotion
- Nothing to pay upfrontOn promotion: we fund planning
- Direct purchaseSuitable sites, with or without planning
- UK-wideEngland, Wales, Scotland and NI
Our coverage in Magherafelt
Magherafelt (BT45) is one of the County Londonderry towns we cover, about 33 miles south-east of Derry/Londonderry. Nearby, we also cover Cookstown, Ballymena and Antrim, all within 16 miles.
Typical sites we review near Magherafelt include land that already has planning permission, fields put forward or allocated in the local plan and corner plots and side gardens. Because Magherafelt is in Northern Ireland, land titles are registered with Land & Property Services (Land Registry and Registry of Deeds) and transfers attract Stamp Duty Land Tax (SDLT).
Tell us where your land is around Magherafelt and we will explain the routes open to you.
Why work with Land to Homes in Magherafelt
We build what we buy
Land to Homes is part of the S&K Group, a construction and property group, so we plan sites around homes we can actually build and deliver.
Direct purchase on suitable sites
Where a site suits us, we can buy it ourselves with or without planning, with no onward chain, subject to survey, title and contract.
Every nation covered
We work across England, Wales, Scotland and Northern Ireland and tailor each deal to the planning and conveyancing rules that apply where your land sits.
Free site appraisal
A no-obligation desktop appraisal covering access, planning policy, likely constraints and an indicative number of homes, before you spend a penny on advice.
The Northern Irish system, as it applies in Magherafelt
Selling land near Magherafelt follows a familiar pattern in Northern Ireland: heads of terms, then an exchange of contracts signed by both sides, which makes the sale binding, and completion. The buyer pays Stamp Duty Land Tax, as in England, and the title is registered with Land Registry, part of Land & Property Services, although older titles may first need moving from the Registry of Deeds. Infrastructure and affordable housing are usually secured through a Section 76 planning agreement.
In Northern Ireland, the 11 district councils decide most planning applications under the Strategic Planning Policy Statement and their local development plans. Countryside policy is tight, so land within or next to settlement limits is the strongest starting point.
| Local planning document | Local Development Plan (LDP), made up of a Plan Strategy and a Local Policies Plan |
|---|---|
| Who decides applications | The 11 district councils, with the Department for Infrastructure deciding regionally significant applications |
| Land transaction tax (paid by the buyer) | Stamp Duty Land Tax (SDLT) |
| Developer contributions | Section 76 planning agreements under the Planning Act (Northern Ireland) 2011 (there is no Community Infrastructure Levy) |
Sell Land for Development in Magherafelt: questions
How much is my land worth for development?
It depends on how many homes the site could take, what those homes would sell for locally, and the costs of building them, including roads, drainage, affordable housing and planning obligations. Agricultural or paddock land without planning prospects is worth far less than land with permission. Our free appraisal explains the factors for your site.
How long does selling land for development take?
A direct sale of land with clear title can move as quickly as the legal work allows. Where planning permission is needed first, the timescale depends on the local plan and the planning process, which is why options and promotion agreements run over a set term.
Will I have to pay tax when I sell land?
Selling land can create a Capital Gains Tax or Income Tax liability depending on your circumstances. We are not tax advisers, so we always recommend speaking to an accountant before you agree terms. GOV.UK has a guide to tax when you sell land and property.
Who pays the legal fees when I sell land?
On a straightforward sale each side normally pays its own. On option and promotion agreements with Land to Homes we pay your reasonable legal fees, and the amount is agreed in the heads of terms before you instruct a solicitor.
Do you work with landowners in Magherafelt?
We do. We work with landowners in Magherafelt and elsewhere in County Londonderry, including Derry/Londonderry, Limavady and Coleraine. Send us a postcode and we will start with a free, no-obligation appraisal of what the land could take.
Read more: Sell Land for Development · Guide: Overage and clawback: how they work when you sell land