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Trowers & Hamlins advises on major London residential development joint venture

Trowers & Hamlins advises on major London residential development joint venture

Trowers & Hamlins has advised on a second joint venture between residential developer Mount Anvil and leading national housing provider, Affinity Sutton, which has secured funding from Barclays for a £100 million luxury residential scheme in west London.

The Farm Lane development, expected to complete in spring 2015, will comprise 107 spacious new homes, of which 18 will be for “Discounted Market Sale”.  The development will be an exclusive gated community and will feature a 24-hour concierge, spa, landscaped gardens and 100 parking spaces. 

Trowers initially advised Affinity Sutton on the purchase of the site at Farm Lane in Fulham, SW6, as part of the JV and is now advising the limited liability partnership (LLP) created through the joint venture agreement. 

David Hughes, senior associate at Trowers & Hamlins, said:  "We are delighted to have played a part in establishing another residential JV between Affinity Sutton and Mount Anvil.  We look forward to working with the newly-created JV as the Farm Lane project gets underway."

The Farm Lane development is the second joint venture between Affinity Sutton and Mount Anvil to be established in the last 12 months.  A 36-storey tower at 261 City Road, EC1, Lexicon, is also in development by the two companies, with Trowers & Hamlins having acted for Affinity Sutton in the creation of the JV. 

The Trowers team acting on the Farm Lane JV included David Hughes, Eddie O'Hanrahan, Zara Statter, Neill Gibson, Andrew Vickery and Suriya Edwards.