Built Logic

See what AI can do

Marketed site to submitted land bid

We take off your hands: screening the site, summarising planning and title, pulling out abnormal costs, building the appraisal and drafting the bid.

You get: a planning and title brief, abnormal costs, sales evidence, a draft appraisal and board paper, and a draft bid for your land committee to approve.

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The problem

Good sites come to market with a two-week bid window, and we either rush the appraisal or miss the deadline.

How the steps join up

It starts when: a land agent, landowner or public body markets a site by informal or formal tender with a bid deadline.

  1. Screen candidate sites against the company's own land criteria and planning constraints

    Your team checks and decides at this step.

  2. Summarise a site's planning history and nearby decisions in one brief

  3. Summarise title registers and plans for a site and flag ownership, charges and restrictions

  4. Pull abnormal cost items out of site investigation and specialist reports

    Your team checks and decides at this step.

  5. Gather new-build sales comparables to back up a scheme's sales values

  6. Prepare a first-draft development appraisal

    Your team checks and decides at this step.

  7. Run sensitivity tests on an appraisal and explain in plain words what moves the margin

  8. Draft the land board paper from the appraisal and site research

    Your team checks and decides at this step.

  9. Draft the land bid for a marketed site from the approved appraisal

    Your team checks and decides at this step.

  10. Prepare bids for public sector land disposals

    Your team checks and decides at this step.

What you end up with: The site is screened, its planning history, title and abnormal costs are known, sales evidence supports the values, the appraisal and its sensitivities go to the land committee, and an approved bid goes in on time with every proforma item answered.

Who signs it off: Your land manager leads the bid, your land committee approves price and conditions, and your land director and a signing director approve it.

What it needs to work

  • The agent's sales pack
  • Standard appraisal assumptions
  • A maintained track record and standard land terms

If those aren’t in place yet, you’ll hear that before anything gets built.

Who it’s for

  • Developers and housebuilders

Where this joins up

What would this cost for your team?

Answer questions about your company and how this work runs today. You see an indicative estimate of the hours back, what that time is worth and the price when you send your details.

Get a price for this

Or check first: Are we ready for AI?