Advising North Kent Community Church (now known as Eastgate Church) in connection with the development and financing of a new place of worship and community facility as part of a residential development in the Thames Gateway in Kent. North Kent Community Church was chosen by Land Securities and Countryside Properties as partners in this development opportunity. The church came to us for advice on the creation of a multi million pound worship and community facility to serve the needs of local residents. We provided all development, finance, construction and charity law advice required in connection with the project. As part of our role, we were able to draw on our secured lending experience to put in place third party finance to support the project. We have recently been able to assist the church in refinancing with an alternative lender on more favourable terms.
We received the following feedback from the church on the work we carried out: “The Church would like to thank Richard Ellard and the team at Thomson Snell & Passmore for their assistance in bringing this project to a successful conclusion. Richard has worked with us since 2007 on this complex but strategically important project. The experience that the firm has in complicated finance and development projects was invaluable to us.”