Mohammed Afsar helps clients to develop housing by acquiring and disposing of real estate. He works principally alongside national house builders as they seek to maximise their investment in development land. He prides himself on delivering high-quality advice that truly helps his clients to assess the commercial aspects of a deal, drawing upon a wider knowledge of the real estate arena and his experience as a qualified barrister at law.
Mohammed's expertise includes drafting contracts, options agreements, overages and undertaking general due diligence and legal reporting. With a particular talent for negotiation, he understands that getting the right contractual terms or agreement in place can make a palpable difference to his clients' ability to achieve their objectives for an investment. He thrives on the task of getting them where they need to be, putting in place the most commercial arrangement for them in an efficient and reliable way.
His father was a property developer in retirement and Mohammed has a previous life (while studying) as a real estate agent in land and development. Therefore it is probably no surprise that he has ended up in property law.
"I think my background in the non-legal side of property work combined with my mix of legal skills means I can give clients a truly commercially focused perspective. I have a deep understanding of their objectives, the arena they are working in and the potential pitfalls they can face."
Property law in itself has a great balance of commercial and transactional work combined with a need for core legal knowledge and skills. The negotiating process is always a high point for Mohammed, especially in terms of putting contracts and agreements in place. He thrives on the challenge that will get his client the best possible outcome. It's a process that can make a real tangible difference to them.
Mohammed previously qualified as a barrister and worked as an in house Advocate for a large national insurance firm.
Mohammed advised a developer client on an extremely challenging acquisition and sub-sale, where it felt like there was just one hurdle after another to overcome. At one stage the deal became very close to becoming unworkable and we had to put in a lot of work (it dominated his working life for weeks) to negotiate changes to the agreements between the parties and put in place a structure which would mean the transaction could go ahead. Bringing the deal to completion was an absolute highlight and it was also his first deal of this type - it was a challenge, but with a great result, so one may as well start as one means to continue!
Major national house builders.
Advising a number of national house builders on acquisitions, disposals, drafting option agreements, drafting overage agreements, conducting due-diligence and advising in a general capacity on the commercial aspects of real estate transactions.
Helping a developer with a complicated acquisition and sub-sale in which the client required the renegotiation of numerous contractual changes in order to make the deal viable.
Acting for a large developer on the acquisition of a large, lucrative and strategic site in East London from a well-known multi billion pound company. Mohammed has been involved in the transaction from the start, advising on all aspects of the deal as it progresses and dealing with issues as they arise.
When Mohammed qualified as a barrister and worked in-house as an Advocate, he successfully represented and advised a number of clients on complex contractual disputes and general civil litigation matters.