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By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

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  • Overview

    The transaction involved four sites to create a large mixed used development consisting of open market housing, affordable housing, retail and office space.

    The transaction was complex insofar as the three open market sites (each mortgaged by different banks) were all inextricably linked to the affordable housing site (unencumbered) as the planning documents prohibited the sale of any of the open market units until the affordable housing had been completed and transferred to a registered provider.

    As each lender required control over the unencumbered affordable housing site (to ensure compliance with the planning and to allow the sale of the open market units) the transaction required the firms involved to negotiate and agree a bespoke cross secured structure which resulted in a joint venture development agreement, security arrangements and variations to the planning documents.

  • Related Services

    Commercial Property & Development

    Our Commercial Property & Development team give commercially orientated advice and ensure a speedily concluded transaction whether you are purchasing, selling or leasing commercial property.

Get In Touch

By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

Newsletter Sign Up

I would like to receive newsletters, event invitations and publications from Thomson Snell & Passmore by email on the following topics (tick all those that apply) and consent for my data to be processed for this purpose.

We respect your privacy and want news to be relevant. To either, click here or update your preferences by emailing us at info@ts-p.co.uk. Your personal data shall be treated in accordance with our & .

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