Gowling WLG advised South East-based community creator Thakeham Homes on the deal.
Thakeham Homes purchased land at West Horsley, Surrey in a joint venture with Abri, one of the south’s largest housing providers.
Work is expected to begin on the 139-home development in May 2022 with completion in Spring 2024. Thakeham will build a range of two-storey homes, apartments on the green field site; a combination of 83 homes for private sale and 56 affordable homes.
The plans feature a Suitable Alternative Natural Green Space (SANG) for the homes to the North of the site. Other highlights include a junior sports hall and two padel tennis courts. Thakeham will also provide a new building for Footprints Day Nursery facility within the development.
With the highest standards in sustainable community creation, the homes will be built with a selection of solar panels, fast electric charging points and high standards of insulation. The new homes will achieve at least 30% reduction in carbon emissions, exceeding the policy requirement of 20%.
Hugh Maule (Picture), partner at Gowling WLG, led the cross-firm team advising on the transaction, working alongside colleagues from corporate, real estate and finance. The team also included Richard Bate, Myles Kiely, Gurinder Mann, Philip Baker, Siân Dewing, Jack Kelly, Kerry Taylor, Ryan Evans, Peter Chicken.
Involved fees earner: Philip Baker – Gowling WLG; Richard Bate – Gowling WLG; Sian Dewing – Gowling WLG; Ryan Evans – Gowling WLG; Jack Kelly – Gowling WLG; Myles Kiely – Gowling WLG; Gurinder Mann – Gowling WLG; Hugh Maule – Gowling WLG; Kerry Taylor – Gowling WLG;
Law Firms: Gowling WLG;
Clients: Thakeham Homes;