What is the net worth of your land?
The value of land depends on a number of factors including its location, current market conditions and permitted land use. To establish the true net worth of land, the potential financial liabilities associated with land contamination should also be considered, as any contamination may become the responsibility of the new land owner. Other factors associated with ground engineering may also affect the feasibility of any redevelopment scheme.
WDE are able to advise our clients during the acquisition or divestment of land as to the potential liabilities associated with land contamination and ground engineering parameters. This is achieved via completion of a Phase 1 and 2 Assessment, rapid turnaround on laboratory testing and providing a clear one page summary in time for legal completion which includes a financial assessment of the potential risks associated with the land.