Trowers & Hamlins is delighted to have advised specialist behavioural health service provider Cambian on its acquisition of Woodleigh Community Care, a specialist care provider for adults with learning disabilities and complex behavioural needs. The acquisition is Cambian's second since listing on the London Stock Exchange in April 2014.
The Chancellor announced in the Autumn Statement on 3 December 2014 that the "slab" system of stamp duty land tax (SDLT) rates for residential property will be abolished as from midnight with a top rate of SDLT of 12%.
Real Estate partner Suzanne Benson has been working closely with the National Housing Federation and Malcolm Waters QC of Radcliffe Chambers to prepare guidance for the housing sector on applying to the FCA for consumer credit authorisation. Following the transfer of consumer credit regulation to the FCA in April, this is a key issue for registered providers who are now required to assess their long term requirements for authorisation.
Contentious construction partner Rob Horne has contributed a chapter to a new book called "Human Dynamics in Construction Risk Management – the key to success or failure".
Trowers & Hamlins has acted for new client Capital Trust Limited on the acquisition of the Holiday Inn Express, Cheltenham, by one of the client's group companies, PCH Cheltenham Limited, together with majority investors Lumina Real Estate Capital.
Trowers & Hamlins helps AmeyCespa bring North Yorkshire and York waste PPP project to financial close
Trowers & Hamlins is delighted to announce that the Allerton Waste Recovery Park project in North Yorkshire achieved financial close on 30 October 2014.
Trowers & Hamlins is delighted to have advised Affordable Housing Finance Plc (AHF), a subsidiary company of The Housing Finance Corporation (THFC), on its recent £198.5 million bond tap, which achieved a credit spread of 0.38% – nearly identical to the record-setting 0.37% attained in the original £208 million bond issued in May 2014.
Trowers & Hamlins congratulates Newham Council and its subsidiary Red Door Ventures Limited on the first of their new cutting-edge housing rental schemes at the Tanneries on the Leather Gardens estate in Stratford.
Trowers & Hamlins congratulates Alliance Homes, winner of the "Sustainable Housing Finance Award" at the Sustainable Housing Awards 2014.
Trowers & Hamlins is pleased to announce that construction litigation partner Vijay Bange is joining the Birmingham office from October 2014.