We act on a large number of high value residential purchases and sales for high net worth individuals and/or overseas investors. We have recently dealt with purchases for owner occupiers in excess of £9m in Wimbledon Village near Wimbledon Lawn Tennis Club and £6.3m in Maida Vale. Some of the purchases are for development and as our expertise spans high value residential and commercial property we are able to advise on all aspects of development purchases.
There are few firms able to provide such expert advice on the commercial aspects of development (e.g. planning and financing) and the complex law on residential properties (e.g. restrictions on service charge recover, residential tenants' rights of pre-emption to buy the property and to buy the freehold). A recent residential sale was a complex sale of a property in Mayfair for over £8m subject to five occupational tenants.