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Case Studies

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  • Acquiring and Securing position on a strategic site

    The case involved the agreement for sale and purchase between four different parties, and we secured all the affordable housing land of the first village in a large strategic development on land to the south of Bedford for our Housing Association client. It was important to the client in order to secure its position as the main affordable housing provider at the site, and for securing social housing grant. The site will ensure the provision of circa 170 units of affordable housing, at a total scheme value in excess of £15 million.

  • Major acquisition

    We helped a Housing Association acquire and develop over 200 units of affordable housing on a site in Bedfordshire. 10 separate contracts were entered into which included a key contractual agreement to discharge certain conditions, obtain planning and construct units to golden brick. We also successfully structured the transaction so that advance payments were made under separate Development Agreements which are secured by Legal Charges. The total consideration cost was well over £30 million.

  • Securing affordable housing land and development valued at over £15 million

    Contracts were negotiated and entered into for 2 separate important sites in Cambridgeshire and Buckinghamshire. Development Agreements and exchange of land agreements were entered into simultaneously. This allowed the client to secure their position as the affordable housing provider at these developments while also meeting the financial year end and reporting timetable of the developer.

  • Support to commercial client on an award winning development

    A commercial client was helped to undertake a mixed retail and residential development, on a sensitive site within a conservation area of a major coastal town. The development was made more complex as it included part new build and part renovation of a listed building. A variety of planning issues for the completed scheme – which won a local architectural award - were successfully resolved, including utility provision, rights of light, and private rights of way. Many units were disposed of by a variety of leases and the freehold interest was retained as an investment and subsequently charged to a funding institution.

  • Cradle to Grave support for light industrial redevelopment

    A client wished to redevelop a large light industrial site within an industrial estate. The support provided included the acquisition of parts of the site from various owners with leasehold interest, the negotiation of a new head lease, and securing the consent of the landlord for the site to be redeveloped. The site required a demolition and new build, and before successful completion, planning, highways, environmental and utilities issues needed to be resolved. Our solicitor enabled the forward funding for construction costs to take place, together with assisting the successful disposal of the completed units.

  • Purchase and Sale of leisure property portfolio

    An entrepreneur needed to acquire various leasehold public houses (and associated businesses) as going concerns, in order to rebrand and improve the portfolio before resale. A range of issues needed to be addressed to make this a reality, including planning, landlord and tenant, TUPE, as well as supply contracts. The assembled properties were then successfully sold as going concerns and the efficient legal support provided through the acquisition, development and disposal aided the client in realising the profit generated by rebranding the portfolio.

  • Enabling lending on major residential development in London

    We acted for a bank which was providing development finance for an overseas borrower. The funding was required to undertake a major residential redevelopment, and to create new penthouse accommodation in a leasehold multi-part property in London. The bank did not have its own forms and accordingly we needed to prepare the entire necessary security documentation.

Authorised and regulated by the Solicitors Regulation Authority.
SRA No : 646401

Perrin Myddelton is the trading name of Perrin Myddelton Limited (“PML”) which is a Limited Company registered in England and Wales, Company Number 10359524. A list of partners' names is open for inspection at our Registered Office 10 Waterside, Station Road, Harpenden AL5 4US.

The word "partner" as used by us can refer to a Director of PML or an employee or consultant who is a lawyer with equivalent standing and qualifications.