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Land and planning glossary

Definitions of 61 terms you're likely to meet when selling land in England or Wales, from adopted roads to wayleaves.

A
Adopted road
A road maintained by the highway authority at public expense. New estate roads are often built to adoptable standards and then adopted.
Allocation
A site identified in a local plan or Local Development Plan as suitable for a particular use, such as housing.
Appeal
A challenge to a planning refusal, decided in England by the Planning Inspectorate and in Wales by Planning and Environment Decisions Wales.
B
Biodiversity net gain (BNG)
In England, the requirement for most new development to leave biodiversity at least 10% better than before, measured with a statutory metric. Since 6 August 2026, sites of 0.2 hectares or less are exempt unless priority habitat is affected.
Brownfield land
Previously developed land that has been occupied by a permanent structure and its surrounding fixed surface infrastructure.
Brownfield land register
A list kept by each English council of brownfield sites it considers suitable for housing.
C
Candidate site
In Wales, land put forward by an owner for consideration when a Local Development Plan is prepared or reviewed.
Capital gains tax (CGT)
A tax that may be due on the gain when you sell land or property that isn't your main home. Reliefs can apply.
Class Q
An English permitted development right allowing some agricultural buildings to become homes through prior approval.
Community Infrastructure Levy (CIL)
A charge some councils levy on new floorspace to fund local infrastructure.
Completion
The point at which the purchase price is paid and ownership passes to the buyer.
Conditional contract
A contract that is exchanged now but only completes when a condition, usually planning permission, is satisfied.
Conservation area
An area of special architectural or historic interest where extra planning controls apply.
Covenant
A promise in the title deeds that restricts or requires something, such as a ban on building more than one house.
Current use value
What land is worth for its existing use, such as farming, ignoring any development potential.
D
Deposit
A part of the price paid on exchange of contracts, with the balance due on completion.
E
Easement
A right over someone else's land, such as a right of way or a right to run drains.
Exchange of contracts
The moment a land sale becomes legally binding on both buyer and seller.
F
First registration
Registering land with HM Land Registry for the first time, required when unregistered land is sold.
Flood zone
An area mapped by the Environment Agency in England or Natural Resources Wales according to its probability of flooding.
Full planning permission
Permission for a development in full detail, including layout, appearance and access.
G
Grant of representation
The legal document (grant of probate or letters of administration) that gives executors or administrators authority to deal with an estate.
Green belt
Land around certain towns and cities kept open by planning policy to prevent urban sprawl.
Green wedge
In Wales, a local designation that keeps land open between or within settlements.
Grey belt
In England, green belt land, including previously developed land, that doesn't strongly contribute to key green belt purposes, where housing may be acceptable if further tests are met.
Gross development value (GDV)
The total amount the finished homes or buildings on a site are expected to sell for.
H
Heads of terms
A short, non-binding summary of the main points of a deal, agreed before solicitors draft the contract.
Hope value
The amount a buyer will pay above current use value because of the prospect of planning permission.
I
Infill
A small development that fills a gap in an otherwise built-up frontage.
J
Joint venture
An arrangement where a landowner and developer work together and share the proceeds of a development.
L
Land Transaction Tax (LTT)
The tax a buyer pays on land purchases in Wales instead of Stamp Duty Land Tax.
Landlocked land
Land with no direct access to a public road.
Listed building
A building of special architectural or historic interest, protected by law, needing consent for most alterations.
Local Development Plan (LDP)
The development plan prepared by a Welsh council, setting out where development should go.
Local plan
The development plan prepared by an English council, setting out policies and allocations for new development.
Long-stop date
The latest date by which a condition must be met, after which a conditional contract can be ended.
M
Minimum price
In an option agreement, the lowest price the landowner will receive if the option is exercised.
N
National landscape
The current name for an Area of Outstanding Natural Beauty, a protected landscape designation.
O
Option agreement
A contract giving a buyer the right, but not the obligation, to buy land within a set period.
Option fee
A payment made to the landowner when an option agreement is signed.
Outline planning permission
Permission for the principle of a development, with details reserved for later approval.
Overage
A promise to pay the seller more if land gains planning permission or is developed after the sale. Also called clawback.
P
Permission in principle
An English planning route that settles whether a site is suitable for housing before technical details are approved.
Permitted development
Building work or changes of use allowed without a full planning application, within set limits.
Prior approval
A light-touch consent process for some permitted development, where the council checks specific matters.
Promotion agreement
An agreement where a promoter secures planning and sells the land on the open market for a share of the proceeds. We offer options, not promotion agreements.
R
Ransom strip
A piece of land that controls access to a development site, giving its owner leverage over the site's value.
Reserved matters
Details left for later approval after outline permission, such as appearance, landscaping, layout and scale.
Residual land value
What's left of a development's value after deducting all costs and profit. It is what a buyer can afford to pay for the land.
Rural exception site
A small site next to a village where affordable homes may be permitted to meet a local need.
S
Section 106 agreement
A legal agreement attached to a planning permission covering obligations such as affordable housing or contributions.
Settlement boundary
A line in a local plan around a town or village, inside which development is generally more acceptable.
Stamp Duty Land Tax (SDLT)
The tax a buyer pays on land purchases in England.
Subject to planning
Shorthand for a conditional contract that completes only once planning permission is granted.
T
Title plan
The HM Land Registry plan showing the extent of a registered title, usually edged in red.
Title register
The HM Land Registry document recording who owns land and the rights, covenants and charges affecting it.
Tree preservation order (TPO)
A council order protecting a specific tree or group of trees from being cut down or harmed.
U
Unconditional contract
A contract with no conditions to satisfy, so the sale completes on the agreed date after exchange.
V
Vacant possession
Land handed over at completion free of occupiers, tenants and their belongings.
Viability assessment
An analysis showing whether a development can afford its planning obligations and still be built.
W
Wayleave
A permission, often for a payment, allowing a utility company to run cables or pipes across land.

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