Assets of community value
Steven Watts | 11.03.2019
In a property market where the challenges are ever changing, it pays to use advisers that can anticipate potential issues early on and find solutions that are both practical and commercial.
Whether you are a large housebuilder or regional builder and are building hundreds of units or developing a single plot, it is important to have legal advice tailored your specific needs.
If you are a landowner selling land to house builders, the issues involved can be complex and the values involved can be high. So expert advice can help to ensure that your transaction runs as smoothly as possible.
We operate a start to finish service for developers, land promoters and affordable housing providers of all sizes covering all aspects of residential development from strategic land assembly, joint ventures and consortium developments through to development finance and the sale of completed units.
Additionally, we act for a wide spread of residential developers including many of the UK’s largest house builders, as well as regional developers. We strive to provide a transparent, flexible and modern approach tailored to meet the specific needs of each client including bespoke reporting and innovative fee structures.
We also act for a range of landowners selling land to house builders for development including promotion and collaboration agreements.
We regard as paramount our awareness of the ever-changing challenges in the property market, which enables us to anticipate potential issues and delays and offer practical and commercial solutions. We respond rapidly to get the job done.
We are widely recognised as one of the largest and most experienced land development teams in the South of England.
Our approach is partner-led ensuring that clients have direct and regular contact with lawyers offering many years of experience in dealing exclusively with residential development.
Most new housing developments require the provision of affordable housing. Traditionally, a housebuilder contracts with a registered provider to acquire the affordable housing. However, this process is evolving.
Whilst the traditional means of providing affordable housing still accounts for most affordable housing procurement, other means are now becoming more commonplace. Private affordable housing providers are entering the market and registered providers are becoming housebuilders in their own right.
We act for private affordable housing providers and for registered providers who require the high level of experience and expertise we have developed over many years in acting for a broad range of housebuilders.
We also advise housebuilders on the disposal of affordable housing land and dwellings to providers for onward sale or renting to end occupiers.
Securing finance for a real estate project, whether the purchase of existing buildings for investment, occupation or land for development, is a vital component of any real estate transaction.
It is important to seek advice from a team that has a thorough understanding of the issues that are important to your potential funders, including mainstream lenders and alternative funders. Your funding is much more likely to be successful if it is structured and pre-packaged so as to be compliant from a lender’s point of view. As panel solicitors for a number of banks and associate members of the Association of Short Term Lenders (ASTL) we are highly experienced in advising on all funding requirements.
Our impressive track record advising on both long and shorter term funding arrangements including bridging, buy to let and development finance, enables us to provide you with confidence that we are well placed to help you secure finance for your real estate project.
Delivering an efficient programme is an essential part of the construction timeline and often one which stands in the way of sales. Our land development team will ensure that your infrastructure agreements are progressed in a timely fashion whilst identifying key issues that will have practical implications on site.
We deal with all elements of infrastructure including statutory highways, drainage and other utility agreements and obligations under planning agreements such as transfers of public open space. Our clients value the energetic and direct approach taken to a stage of the development cycle which is consistently under-valued and under-resourced.
Promotion Agreements are now a popular choice for landowners and developers where a landowner owns land that may be suitable for development and a promoter (a developer or specialist promoter) has the necessary expertise and funds to promote the land via the planning system.
Whilst some Promotion Agreements (‘hybrid agreements’) allow the promoter to buy the whole or part of the land following the grant of planning permission, the most common form of Promotion Agreement provides for the sale of the land once planning permission has been obtained with the sale proceeds shared between the landowner and promoter in agreed proportions.
Under a Promotion Agreement the landowner and promoter have a mutual interest in ensuring that the land is sold for the highest possible price. In contrast to a traditional Option Agreement, the price is determined by the market rather than an agreed valuation.
We act for landowners, developers and specialist promoters. Our wide-ranging experience enables us to fully understand the aims of all parties and how best to achieve them for all involved.
Plot sales are likely to be more complex with each new development. As a developer, you are aware that the days of uniform plots with standardised housing are long gone. On many sites, almost every property is unique, every plot is different and every sale is bound to be more complex than the last. Accommodating multiple housing types, including the need for social housing, public amenities or commercial developments demands specialist support.
Our expert team specialises in handling all manner of plot sales from high-volume plots to bespoke new-build sales. We pride ourselves on having the capacity and flexibility to work to very tight deadlines, ensuring that clients’ monthly and yearend targets are met.
At Moore Blatch, we offer all legal services related to commercial and residential development and will ensure the whole process is as straight forward as possible, saving you time and money.
Having a single dedicated team that manages the land purchase right through to the plot sale enables any possible issue to be addressed before it manifests.
We draw on our detailed knowledge that stems from providing a conveyancing service to buyers of new-build properties to have a full understanding of your buyers’ needs.
With legislation and planning policy constantly evolving, if you are a developer, landowner or objector, it is essential that you obtain the appropriate advice.
Whether preparing for an initial application, appealing a decision, ensuring planning obligations are carefully drafted, or complying with enforcement notices or judicial review due to third party obligations, seeking advice from a specialist and experienced team can help you successfully navigate what can be a complex area of law.
Our specialist team is experienced in all aspects of the planning process and offers a comprehensive service that covers:
For more information please visit our planning section.
Getting the right consent and protecting it is vital for any business that relies on a licence from a local council. As legislation and policy is constantly evolving, getting the appropriate advice and representation for your business is essential.
We can offer you expert advice. In addition to advice related to the Licensing Act and common licences we can also advise you on:
For more information please visit our licensing section.