Trowers & Hamlins is pleased to have advised long-standing client One Vision Housing on its amalgamation with Venture Housing Association, in a deal which saw Venture's 1,300 homes and 22 staff successfully transferred to One Vision on 30 January 2015.
The HCA has this morning, 30 January 2015, published its decision statement on the consultation on changes to the Regulatory Framework.
This week, the Treasury published the summary of responses to a consultation on the implementation of the EU Mortgage Credit Directive. The consultation covered two key points, which will be of interest to housing associations, sales agents and house builders.
Trowers & Hamlins welcomes the publication this week of the Elphicke-House Report "From statutory provider to housing delivery enabler: Review into the local authority role in housing supply" and is grateful for having had the opportunity to contribute to it.
Together with Navigant, Mapstone and Tractebel Engineering, international law firm Trowers & Hamlins is pleased to have advised the Ministry of Energy and Mineral Resources of Jordan on a liquefied natural gas (LNG) sale and purchase agreement with Royal Dutch Shell.
Trowers & Hamlins is delighted to announce that it will be retaining nine of eleven trainees who are qualifying in March 2015. This gives the firm a retention rate of 82 per cent.
Trowers & Hamlins is pleased to have advised on the merger of Raglan and Jephson housing association to form Stonewater, a new registered provider managing around 31,000 homes across the UK.
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.