A LOCAL property boom has helped the plot sales team at Napthens solicitors report almost 50 per cent growth in the last two years.

The team, part of Napthens’ real estate department, advises developers on acquiring plots of land for development as housing, and reports that between 2018/19 and 2019/20 it has seen a 49 per cent growth in fee income. The plot sales team acts for around 20 housebuilders across the North West and, over the last year, has advised on more than 520 transactions with a total value of over £83million.

Jamie Allison, head of Napthens’ real estate department, said the increase in sales of residential development has come as local authorities have allocated and released land for development to meet housing needs and their required targets.

He added: “There are boutique, smaller builders who are working on very high-spec developments which are being sale-agreed so there remains a wide variety of choice of properties across the region from affordable homes through to executive, detached properties but we need to see more middle-priced options too to set the right conditions.”