Rachel has around 20 years’ experience in the Residential Development sector acting for both housebuilders and housing associations.
For housing association clients, the procurement route tends to be through development agreements with housebuilders for Section 106 units or land led transactions with a combined land and build development agreement or separate land and building contracts. Acting for developers, the structure is ordinarily through conditional contracts or option agreements. Rachel also acts for housebuilders in the bulk sale of their affordable housing.
Rachel is listed as a Recommended Lawyer in the Legal 500 (2022 edition).
Housebuilding & Strategic Land
- Advising a major housebuilder on the purchase of a large development site whilst simultaneously acting on the sale of part of it to another major housebuilder. Considerations include deferred payments of the land price secured by Legal Charge; Parent Company Guarantee to secure significant future Section 106 payments and a Collaboration Agreement setting out the parties’ obligations relating to infrastructure works; affordable housing provision; discharge of planning obligations.
- Advising a housing association client on the purchase by way of sub-sale of two sites from a developer who was separately appointing a contractor and professional team for the build. The main consideration being to de-risk the structure if the developer disappears and the client has to step into the Building Contract and Appointments.
- Acting for housing association clients where the completion of the purchase is subject to a number of conditions being satisfied – securing grant funding; securing satisfactory planning permission; the removal of invasive non-native species (INNS) of plants and the provision of the supporting paperwork including insurance backed guarantee.
- For housebuilder clients, reviewing and advising on existing contractual arrangements during the initial period of economic uncertainty at the outset of the Coronovirus pandemic.
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