The provision of housing in the UK is becoming an increasing challenge. To meet the growing need for affordable housing, it is becoming increasingly necessary to look beyond the traditional providers to the private sector.
Whether it’s the local market conditions, the state of the economy or Brexit, housing providers of all types have been forced to become ever more imaginative with the purchase options offered to potential buyers.
Developing, and then offering these tenures, requires expert legal advice. Direction Law offers an unparalleled understanding of the sector, gained over 30 years, and we are well regarded for both routine day-to-day work and complex advice by housing associations, developers, local authorities and private providers.
We have worked with Registered Providers large and small to create alternative methods of providing affordable housing outside of the traditional shared ownership and shared equity models. We are also working with an increasing number of private sector providers in the delivery of affordable housing based on a shared ownership model.
Direction Law has a reputation for innovation in advising its clients on the most appropriate delivery vehicle for joint venture and other collaborative arrangements to bring major projects to fruition.
To do this requires an adviser to be able to look beyond the specific deal or project to understand your business sector. With board level experience at Registered Providers, and having been involved with many organisations entering the affordable housing market, we are ideally placed to assist with any such projects.