custom page layout error

I created a new page layout and content type (I including new site columns) using Visual Studio. Everything appears as you would expect within SharePoint. However when I try to create a new page based on my layout I receive a rather annoying error of Value does not fall within the expected range.

The stack trace isn't very helpful:

[ArgumentException: Value does not fall within the expected range.]
   Microsoft.SharePoint.Utilities.SPUtility.CreateParentFoldersForFile(SPList list, String url, Boolean createAsListItem) +28056126
   Microsoft.SharePoint.Publishing.Internal.CodeBehind.CreatePagePage.NewPageItemSave(String pageName, PageLayout pageLayout, String folderUrl) +340
   Microsoft.SharePoint.Publishing.Internal.CodeBehind.CreatePagePage.CreateStandardPage(String pageName) +179
   Microsoft.SharePoint.Publishing.Internal.CodeBehind.CreatePagePage.ButtonCreatePage_Click(Object sender, EventArgs e) +167
   System.Web.UI.WebControls.Button.OnClick(EventArgs e) +115
   System.Web.UI.WebControls.Button.RaisePostBackEvent(String eventArgument) +140
   System.Web.UI.Page.RaisePostBackEvent(IPostBackEventHandler sourceControl, String eventArgument) +29
   System.Web.UI.Page.ProcessRequestMain(Boolean includeStagesBeforeAsyncPoint, Boolean includeStagesAfterAsyncPoint) +2981

If anyone has any ideas as to what the issue might be or if need to see a certain bit of code then please let me know