30/08/2023
This Can Help Developers 👇
STPP
Or
Subject to planning permission
Can allow developers to reduce risk with offers and in most cases, can allow them to be a bit more generous with offers
An offer simply being put forward that is subject to the planning permission being approved
As a developer, you can’t always be sure that planning can be achieved & how long it’s going to take!
In some cases, this will be an obligation to buy, meaning, once planning has been accepted. The developer will have to follow through with the purchase at the agreed price
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