Residential developers & Pitmans Law. specialist. Regular client access to senior expertise ensures a commercial and proactive service.

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Residential developers & Pitmans Law specialist Regular client access to senior expertise ensures a commercial and proactive service.

Residential developers & Pitmans Law Introduction Understanding developers Pitmans understands how difficult it is to acquire land and navigate the ever more complex planning and development process. We appreciate that each site presents a unique set of challenges while delivery of a premium quality scheme is top of your agenda. We know you want to achieve the greatest return within the shortest possible timeframe. Pitmans provides a start-to-finish integrated service to achieve these objectives. Pitmans Real Estate and Developers One of the South East s largest and most respected real estate teams with 12 partners and 23 team members advising residential developers and housebuilders Start-to-finish legal advisory service integrating acquisition, planning and plot sales Complementary teams to deal with disposals, joint ventures and restructuring, disputes, secured lending transactions and insolvent tenants City quality, regional value Recent projects Ashill Developments: joint venture purchase and sale of land with 10 different owners providing development of 1500 units Bewley Homes: defended judicial review proceedings to block planning permission for a major mixed-use development; advised on the acquisition of land at 2 sites in Reading and Leatherhead with a value of 25m Cala Management: purchase of land in 5 Phases of 350 units for in excess of 20m; negotiated a Section 106 agreement for a 700 unit development Redrow Homes: provided bespoke planning advice and negotiated Section 106 agreements for multiple sites in London and throughout the South East Shanly Homes: negotiated Section 106 agreements for a number of sites including a 300 unit development in Berkshire Vanilla Thakeham: sale of land for circa 200 units, with entry into build and sale joint venture agreement and parallel sale of affordable units to separate affordable housing provider 1

2

Client focus Working with the region s biggest developer clients, national housebuilders, landowners, property investors, agents, lenders and funders Leveraging relationships with major Housing Associations Advising on private and mixed-use housing, leasing and freehold residential schemes T he level of service has always been exemplary; they are fast to respond, proactive in approach and have a deep understanding of our firm due to a longterm relationship. Legal 500 Some of our clients Ashill Developments Axiom Land Barroerock Group Bewley Homes Brookworth Homes CALA Homes Chatsworth Homes Countryside Properties Hicks Developments Inland Homes JPP Properties Landmaze Landvest Developments Millgate Homes Oakford Homes Redrow Homes Shanly Homes Soha Housing Sorbon Estates Spitfire Bespoke Homes Stonegate Homes TA Fisher Troy Homes Vanderbilt Homes Vanilla Thakeham 3

Integrated services Commercial legal advice to suit your needs IDENTIFY LAND & NEGOTIATE DEAL EXCHANGE CONTRACTS Legal documentation to support all buying scenarios Specialist new homes team with honed project management skills to drive value & timely completion of all plot sales SELL PLOTS Development investment cycle Start-to-finish integrated legal advisory service PLANNING PERMISSION Dedicated, specialist planning team negotiating & fulfilling all of your planning requirements ACQUIRE LAND Expert residential developer acquisition team & specialist new homes team ensuring smooth plots acquisition & set up 4

New homes Aquisitions Planning Tried and tested fixed fee service includes: Allocated senior relationship manager Initial site set up meeting Scheme design and document implementation Mixed use site structuring Infrastructure agreements Advice on use of estate management companies Online secure sales packs Land Registry estate layout approval Pre-agreed sales reporting Dedicated case progression managers Same day turnaround of plot reservations* Proactive sales progression Post completion site handover Ground rent investor sales * subject to receipt of reservation by 2pm Building contracts Collaboration Agreements Conditional Sale & Purchase Corporate & banking transactions Drafting & negotiating land acquisitions Funding Agreements Joint Venture Agreements Land with Benefit of Planning Agreements Options Agreements Overage Deeds Professional appointments & Warranties Promotion Agreements SPVs Utility Providers Agreements Affordable Housing Assets of Community Value Community Infrastructure Levy Compulsory Purchase Environmental Impact Assessment High Court challenges Highways advice Judicial Reviews Listed Buildings & Conservation Areas NPPF & local plan policy advice Permitted development Planning appeals Planning applications & obligations Planning conditions Planning enforcement Strategic planning advice Tree Preservation Orders & Hedgerow Regulations Use classes Village Greens Complemented by Corporate team to deal with acquisitions and disposals of real estate portfolios and singles asset vehicles, joint ventures and restructuring Dispute resolution team including specialist construction and engineering disputes specialist to deal with any contentious issues Banking and finance team to provide assistance on secured lending transactions Restructuring and insolvency team to resolve issues with insolvent tenants Health & Safety team to provide assistance with insurance claims by contractors and advise on health and safety requirements 5

Pitmans People A trusted partnership designed to foster long term relationships A commercial, proactive, prompt, highly efficient service Benefiting from experience across our wider highly respected and specialist real estate team of 23 including 12 partners Independent client feedback and listening programme through Pitmans dedicated client relationships management team Your team Delphine Mehouas Head of Commercial Real Estate E dmehouas@pitmans.com D 0118 957 0353 M 0779 355 4279 Helen Rogers Partner, New Homes E hrogers@pitmans.com D 0118 957 0236 M 0771 435 2290 Christina Daniels Partner, Planning E cdaniels@pitmans.com D 0118 957 0322 M 0791 208 0543 Delphine specialises in residential development for local and national residential developers, providing unrivalled expertise on contracts and options, strategic land purchase and conditional agreements or collaboration/ promotion agreements subject to planning. Delphine studied at the University of Rennes in France, Exeter University and the University of the West of England before joining Pitmans as a trainee, qualifying in 1999. Helen leads a team of conveyancers specialising in development set up and new home plot sales. Helen has a broad range of experience dealing with both residential and commercial property matters but now specialises in all aspects of residential development set up work including freehold, leasehold and mixed use sites; shared ownership and ground rent investor sales. Helen qualified at Penningtons LLP in 1996 and spent her formative years with Pitmans real estate team before working as a senior inhouse solicitor at Vodafone UK. She re-joined Pitmans in 2011 as Head of New Homes. Christina joined Pitmans as the Head of Planning in 2013. She advises on strategic planning matters, submission of planning applications, planning appeals, Affordable Housing and viability issues and judicial review applications together with the drafting and negotiation of S106 agreements and infrastructure agreements. She has a niche specialism in highway rights of way, village green and assets of community value work. Christina spent over six years as a senior planning and highways solicitor at Oxfordshire County Council. She also worked for DAC Beachcroft as a senior associate for six years. 6

T hey are nice people to deal with, which is important. T hey are personable and we are happy to work with them. Chambers & Partners Marcus McCluggage Partner, Acquisition E mmccluggage@pitmans.com D 0118 957 0598 M 0776 616 7649 Sarah Potter Partner, Acquisition E spotter@pitmans.com D 0118 957 0187 M 0788 195 0296 Marcus has extensive experience in a wide variety of high value residential and commercial property work including acquisitions and disposals; landlord and tenant advice, lease drafting and negotiation, secured lending, real estate litigation and corporate support. After qualifying at Addleshaw Goddard in London, Marcus joined Allen & Overy where he spent six years in their real estate department. He joined Pitmans in 2012. Sarah has particular experience in option agreements, conditional contracts and promotion agreements. She also acts for a number of lenders in relation to secured lending in addition to acting for individuals on residential conveyancing matters. Sarah trained and qualified at Eversheds. Her work at Nabarro saw her act for a leading student accommodation provider in all aspects of their property work, from acquisition through to development. Sarah joined Pitmans in 2011. 7

Value City quality lawyers, regional value The certainty of fixed fees Attendance of acquisition lawyer, senior team member and case manager at initial site set up meeting Set up questionnaire designed to capture site specific information Training sessions Using technology to drive efficiencies: case management systems, datarooms and extranets 8

T hey are enthusiastic, responsive, diligent and tactically and commercially switched on. As importantly as all of that, they are thoroughly good guys with whom we have a great working relationship. About Pitmans Law Banking & Finance Commercial Corporate Data Protection Debt Recovery Dispute Resolution Employment Insurance Intellectual Property Matrimonial & Family Pensions Real Estate Restructuring & Insolvency Wills, Tax & Trusts PARTNERS LOCATIONS 14 39 HQ, READING, LONDON 10 AND SOUTHAMPTON Areas of expertise Sector specialisms S E R V I C E S S E C T O R S Banking Charities & Not for Profit Energy Hospitality Insurance Life Sciences Real Estate Retail TMT Transport CITY QUALITY LAWYERS Over 25 firms worldwide The founding UK member firm of the global legal network, Interact Law I N T E R N A T R E G FOUNDED 1860 I O N A L I O N A L V A L U E PEOPLE 200 I T R E C O G N I O N 42 Individuals Ranked Highly by Legal 500 15 Practice areas Recommended by Chambers & Partners Tier 1 Ranked Top 150 Law Firm Regional Heavyweight Lawyer 200 Star Performer Award winners Lawyer of the year Law Firm of the Year Lex 100 Best Work/ Life Balance 9

Why Pitmans? Start-to-finish integrated service Deep industry experience Specialist in-house planning and plot sales teams Partner-led relationship management Strong project management focus Commercial, practical, responsive City quality lawyers, regional value Contact Delphine Mehouas E dmehouas@pitmans.com D 0118 957 0353 M 0779 355 4279 pitmans.com 10

Pitmans team is excellent, timely and efficient with high-quality partners who excel. [T hey] take a pragmatic approach, identify risks and deliver appropriate advice. Chambers & Partners

With Pitmans Law you can be assured of the quality of advice and service you demand from a city law firm but with a distinction. The courage to stand apart, to think and act personably, with an uncompromising focus on achieving outstanding client outcomes. We say what we mean, matching our behaviours to our words. Established for over 150 years, Pitmans Law is headquartered in Reading with offices in London and Southampton. The lower overheads of a regional office ensure we can provide city quality legal advice at a competitive price to deliver exceptional value for our corporate and private clients locally, nationally and internationally. Pitmans provides legal advice to address our clients needs across a wide range of industry sectors and specialisms including particularly strong specialist teams in pensions advisory, real estate, dispute resolution as well as corporate and commercial law. Our clients draw confidence from the top tier recognition Pitmans achieves in the industry benchmarking directories, Legal 500 and Chambers UK. Reading, London, Southampton Pitmans Law is the founding UK member firm of the global legal network, Interact Law. Contact us T +44 (0)345 222 9222 E law@pitmans.com pitmans.com