Gateley Legal advises Lovell Partnerships on £150m joint venture
The Leeds office of Gateley Legal has advised Lovell Partnerships, the housing arm of Morgan Sindall plc, on a joint venture with Together Housing to purchase three sites for development.
The sites in Holmewood near Chesterfield, Howden in the East Riding area of Yorkshire and Kirk Ella on the outskirts of Kingston Upon Hull have been acquired to provide 550 new homes for private purchase and social housing.
Gateley Legal have provided advice on the preparation of the joint venture agreement, planning for each of the developments and have also been instructed to deal with the forthcoming plot sales.
Tim Kelly, regional commercial director for Lovell Partnerships, said: “This joint venture will seek to address the housing crisis across the North of England with many of the homes benefiting from shared ownership and affordable rent.
“We are pleased to have benefited from Gateley Legal’s advice right from the start of this transaction.”
John Kiff, residential development partner at Gateley Legal, commented: “We were happy to assist Lovell Partnerships with their latest venture which we hope will help to develop communities and provide much needed housing for families in the region.”
John was assisted in this transaction by banking partner, Richard Morton, corporate legal director, Rachel Dean and associate, Rebecca Bennett, planning partner, Robert Waite and residential development solicitors, Sarah Burgman and Deirdre Lindsay.
Gateley Legal is part of legal and professional services group, Gateley, who advise 18 of the top 20 housebuilders.
Visit our residential development page to find out more about Gateley Legal’s residential development team.
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