Glossary of Terms

Words and phrases used in land
investing and land development

Investing in land for sale can be a new concept to many people.
Its important that you are familiar with the terms used so you
are absolutely sure about what you are buying into.

Below is a list of the most commonly used terms associated with land and investing in development land for sale.

If you have any query including terms you think we should include here, please contact us on 00 34 952 868 250 or click here to email us

Building or Planning permission

This is an official permission to build. It is an authorisation that must be obtained from a local government before building a new building or structure or altering an existing one

Development Land

Development land is land that can be built on i.e. It has permission to build

Greenbelt Land

A belt of parks, farmland or uncultivated rural land surrounding a town or city. According to some sources, it is unlikely these sites will get planning permission, as most local authorities strongly resist any attempts for building on the Green Belt.

Master plan

The Master Plan is a complete breakdown of the development plans for the land including infrastructure including roads, sewage, water and power. It also specifies what type of dwellings will be built.
Often the Master Plan will be produced in conjunction with experienced developer professionals including engineers, architects, planners, project managers, legal, designers and many more.

Rezoning

A change in the classification of the land specifying what can and cannot be built on the land.

Segregation (Sub-dividing)

Once planning permission has been given and the land successfully rezoned, it is then segregated or sub-divided into smaller building plots.

SIPPs

A SIPP is a Self-Invested Personal Pension. They are available to UK tax residents and offer greater control over what you can invest in than any other pension. They include all the tax advantages of personal pensions plus a whole lot more. With a SIPP you have far more investment choice: for example, you can invest directly into shares, investment funds or commercial property. For more information on SIPPs, click here to visit our SIPP Zone