Ashley Mitchell leads our Housing Development and Regeneration team. He acts for many of the largest national house builders, dealing with the full range of transactions from serviced sites and mixed use schemes to large scale strategic options and collaboration arrangements.
He also has overall responsibility for our plot sales operation, so he continually focuses on our clients' key goal - to maximise profit through swift sales with no fuss.
The increasing pressure on housing numbers, improving economic conditions and continuing Government investment have all pushed residential development to the forefront. Rising values have attracted a wealth of new developers and investors. Ashley uses his many years of experience to resolve problems and unlock value for all parties.
His expertise have led to instructions from the likes of the Ministry of Defence, Royal London and a growing tier of 'commercial' developer clients and landowners who have sought his advice on complex overage arrangements and residential led mixed use projects, within London and elsewhere. His advice has often been key to avoiding various pitfalls arising out of the rights of residential tenants, while maintaining flexibility of investment potential.
Ashley gets residential development. He excels at helping those already within the industry, and those starting to embrace its opportunities.
Involved in industry consolidation, such as advising Miller on their acquisition of Fairclough Homes, and leading the due diligence on their development sites.
Helping housebuilders secure funding - including advising various national builders on Help to Buy and predecessor HCA schemes, including gap funding, which have been key components in maintaining the health of the housebuilding market.
Instant deals - acting on conditional or unconditional acquisitions and disposals, often with multiple overage and within short timescales, to meet the aspirations of landowners and developers. These include serviced land disposals and bulk investor sales.
Longer term prospects - such as strategic options and promotion agreements for national housebuilders, development partnership agreements with government bodies and advising landowners or consortia of housebuilders to help bring to fruition housing led schemes throughout the country, comprising thousands of residential units.
Development management agreements - such as advising Miller on their £110 million development management agreement to facilitate the development of a portfolio of former McInerney Homes sites following McInerney's administration.
Mixed use schemes - advising on a variety of mixed use schemes in London and elsewhere, often to commercial developers who are unaware of the potential pitfalls arising out of statutory rights of residential tenants. Helping structure schemes to avoid those pitfalls, to maximise flexibility for investment and exit, and providing guidance and training on these issues.