NHS Estates Essentials: Overage and Profit Share

In this session of the Estate Essentials series, Sunita Raja and Vicki Moore were joined by Howard Williams, Partner at Montagu Evans, where they discussed the different bases on which overage or profit-share may be reserved on land disposal. Discussion focussed particularly on the approaches typically used by public bodies when making disposal and the different approaches to securing such payments.

Key topics that were covered:

• Meaning of “Overage”
• Types of Overage
• Meaning of Profit Share
• Selecting the appropriate type of Overage/Profit Share
• How to secure payment