Maximising Value from Mineral Title – Monitoring surface developments Background
Often landowners are unaware of the value of what lies beneath their land, and many may not know that the rights to the surface of land can be separate from the rights of the minerals beneath. Similarly, it can be very difficult for mineral owners to keep track on third party surface developments which may affect their mineral title.
Example
Fisher German recently notified an existing client when we were alerted to a developer receiving planning permission to build new homes on a site in North Nottinghamshire. While the developers had the rights to the surface of the land, the mineral rights below ground were separate and belonged to Fisher German’s client. This meant the developers were in danger of trespassing or sterilising access to the minerals once the homes were built. After consulting with the developers, Fisher German negotiated a settlement which meant the mineral owner was compensated fairly for the minerals.
Solution
Using our extensive GIS mapping capabilities and minerals expertise, we know the value of minerals beneath the ground. By mapping mineral title and using automated tracking software to monitor surface developments, Fisher German is alerted whenever a surface development comes forward on any given parcel of land.