A Pioneering Strategic Land Promotion Business

Catesby Estates is highly regarded as one of the foremost experts in strategic land promotion and infrastructure delivery in the UK.

 

Landowners choose to partner with us as their strategic land promoter, due to our track record in successfully delivering planning consents and our ability to maximise land value.  Download our latest strategic land brochure to read at your leisure.

As strategic land promoters we work with landowners to bring land to the market with planning consent for housing, in order to deliver much needed high quality new homes. During the process we also work closely with housebuilders, councils, local residents and community groups to deliver sites that benefit the local community.

We believe the key to our success is our working together philosophy, and we are committed to helping landowners and housebuilders deliver sensitively designed housing developments that are tailored to fit the character of the local area and provide real community benefits.

By researching and understanding a Local Authority's housing land supply, we are able to identify sites which are suitable for delivery.  Residential land sites can be promoted over the longer term in conjunction with the Council's planning strategy if necessary. If the Local Authority is unable to demonstrate a 5 year supply of housing land, an immediate planning application may be considered.

Once planning permission has been secured we invite bids from housebuilders to realise the true value of the land for the owner, thereby maximising financial return.

Our strategic land promotion portfolio is diverse including both greenfield and greenbelt land. Our sites range from 45 - 3,000 homes on predominately greenfield sites, with in-depth consideration given to infrastructure, community needs and the socio-economic benefits that new housing brings to an area.

Landowners choose to partner with us as their strategic land promoter, due to our track record in successfully delivering planning consents and our ability to maximise land value.

Catesby Estates is part of Urban&Civic the leading Master Developer of large-scale strategic sites. To find out more about the full range of projects Urban&Civic plc are currently working on visit www.urbanandcivic.com.

Strategic Land Site

As strategic land promoters we would work with you to bring forward your land under either a promotion agreement, option agreement or unconditional purchase to suit your requirements as the landowner.

Promotion Agreement - We use our resources to fund the strategic promotion of the land through the planning process.

Once planning permission has been achieved the site is then sold for the highest possible return.

The landowner is consulted during the whole process and our return is based on a pre-agreed split of the sales proceeds.

Freehold Purchase - For landowners wishing to dispose of land quickly, an outright purchase of the land can be agreed.

This can be with an overage in favour of the landowner to capture the uplift in value when a planning consent has been obtained.

Option Agreement - In return for a non-refundable sum of money, we have a legally binding option to purchase the land at some point in the future. 

This period of time is known as an “option period”.

Download our latest strategic land brochure

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Added Value For Landowners And Housebuilders

Housing delivery is a critical part of the economy, and central government has been keen to ensure planning consents are turned into houses quickly and efficiently.  As a land promoter, Catesby Estates do not build houses, and therefore it is imperative for us to demonstrate that our planning permissions are turned into ‘real homes’ quickly.

The Government introduced the Housing Delivery Test to ensure Local Authorities grant consent for schemes that are deliverable.  Catesby Estates has a best in class reputation, due to our ability to provide housebuilders with implementable permissions.   

The plethora of technical challenges and constraints on a land site, the constant evolution of innovative technology and building methods, and the ever changing government regulations and requirements, means it’s a challenge to build the 300,000 new homes needed every year to help solve the housing crisis.

As one of the biggest names in the land promotion sector, Catesby Estates are well known by housebuilders for our ability to deliver technically sound and well considered residential land sites. Housebuilders and Local Authorities have confidence that a planning permission obtained by Catesby Estates is deliverable.  This is a key part of our promotion strategy, and one of the main reasons why we are trusted by our partners and stakeholders.

Pioneering In Our Approach

As innovators within in the land promotion sector, we were one of the first to recognise the importance and added value, in-house technical expertise can deliver to both landowners and housebuilders.  We nurtured and developed our own in-house technical team, making our skill set unique amongst land promoters. 

Our technical team have a strong track record having worked for major housebuilders, and through their knowledge they are able to bring forward sites with comprehensive technical background work completed, and offer value engineered solutions to any site constraints.

This means there is less upfront risk for a housebuilder, that comes with a land site that has not been fully considered from a technical and deliverability perspective.  This in turn increases the speed of housing delivery, with housebuilders able get onsite and start construction quicker.  

The technical team are involved in all stages of land promotion from site acquisition and planning through to the final sale process. The team look at the deliverability and constraints of sites, which drive the evolution of the constraints plan and the final illustrative masterplan.  They address issues such as gradients, ground investigation, access, highways, utilities, flood risk and drainage.  This comprehensive technical input at the early stages, reduces the possibility of expensive delays later in the final sale and legal process of the land.  

A Record 12 Months For Catesby Estates (2020 - 2021)

Despite the predicted widespread national economic pressures as a result of the Covid pandemic, the land promotion sector has been boosted by the housing market, which was bolstered by the stamp duty holiday and the unprecedented demand for new homes following the ending of the lockdowns.

This resulted in a record 12 months for Catesby Estates under the leadership of Chief Executive, Myron Osborne in his first full year in the role.  The business delivered a record pre-tax profit of £13.4m.

The Catesby business was in a strong position entering the financial year as a result of a number of outline consents granted at virtual planning committees.  This resulted in the business being well placed to take advantage of housebuilder land requirements with a number of sites ready for immediate sale.

Catesby disposed of 8 sites to both SME and volume housebuilders, totalling 213 gross acres, with outline planning consent obtained for 1,527 new homes, with a total gross land value of £127m.

The acquisition of Catesby’s parent company, Urban&Civic by the Wellcome Trust in January 2021, consolidated the position of Urban&Civic as the leading Master Developer in the UK, and further strengthened the already substantial financial backing of Catesby.

A focus on the South Midlands, South, South East and East of England, means the average price per square foot of dwellings for private sales by housebuilder customers is £350 reflecting the continued high demand in these areas.  This is highlighted in the sale of a 110 home site to Taylor Wimpey in East Horsley, Surrey, where the average house price is in excess of £1,200,000.

Recent sale successes, places increased emphasis on the land teams to replenish Catesby’s land promotion portfolio, to ensure a strong pipeline of unconsented sites to promote moving forward.  Catesby continues to work closely with agents and landowners, and has secured a further 9 new land sites, totalling 695 gross acres and 3,073 homes.

The wealth of experience within the senior management team has allowed Catesby to keep a strong focus on the core business strategy, with the development of a future sales pipeline for 2021/2022 totalling 7 sites, 220 gross acres and 1,267 homes, with agreements to sell some sites already in place.

Future business risk will be minimised by continually evolving the planning and community engagement strategies to promote sites through the Local Plan process, seeking allocations and gaining consents at a local level where possible.

The Planning environment remains challenging, with new hurdles coming down the track via the emerging Environmental Bill and expected reforms to the National Planning Policy Framework.  As we enter the halfway stage in this Parliament, there will be an inevitable acceleration in political influence as we move towards the next General Election.  However, the Catesby business model remains resilient and through our careful approach to site selection, these issues have been accounted for moving forward, ensuring we can respond to any changes and quickly adapt our approach to overcome these challenges. 

Virtual public consultations have taken place during the last year, and elements of this look set to remain for the foreseeable future, supplemented with smaller in person meetings and the more traditional consultation techniques.  Catesby undertook 5 virtual consultations totalling 712 homes and 1,145 gross acres which either have outline planning applications submitted or are about to undergo submission.

At Catesby’s infrastructure delivery and land promotion site Myton Green, Warwick, all four housebuilders are onsite with over 140 residents in occupation.  The 25 acres of public open space, including 6 equipped play areas has been adopted by Warwickshire District Council, and the wider A452 Europa Way corridor infrastructure works are due to complete imminently ending our involvement in this 735 home site.

A planned relocation of the head office from Warwick to Rugby is set to take place spring 2022.  The new office will provide increased space and facilities to support the next phase of growth for the Catesby business.

3935 Acres Of Land
61 Sites
18751 Homes

A dedicated team of strategic land promotion specialists with in-depth knowledge of the sector:

In-house Strategic Land Promotion Expertise

Catesby Estates has over 20 years knowledge and experience of strategic land promotion with six in-house specialist teams focused on land, planning, technical, design, public consultation and finance.

This in-house land promotion expertise and our policy of working in collaboration with landowners, councils and local stakeholders has built us a first class reputation for bring forward land with planning consent for new homes.

Site Deliverability - Technical De-risking

As innovators within in the land promotion sector, we were one of the first to recognise the importance and added value, in-house technical expertise can deliver to both landowners and housebuilders.  We nurtured and developed our own in-house technical team, making our skill set unique amongst land promoters. 

Our technical team are able to bring forward sites with comprehensive technical background work completed, and offer value engineered solutions to any site constraints.  This means there is less upfront risk for a housebuilder, that comes with a land site that has not been fully considered from a technical and deliverability perspective.  

Planning Recommendations

We pride ourselves on our approach to planning, with our land sites receiving Planning Officer recommendations for approval. We look to meet housing demand in areas of clearly identified need. 

This can be through promoting sites identified in existing or emerging local plans or where plans are out of date, identifying sites where demand for housing is high and submitting an application after extensive analysis and consultation.