Whether building on a green-field site, developing a mixed-use site, undertaking commercial development or major refurbishment, Rix & Kay’s expertise is invaluable to our clients. In this arena time is money and Rix & Kay’s know-how will reduce risk, cut delays and keep the process running smoothly.
Rix & Kay is one of the very few law firms in the South East with a dedicated development team. Typically, the team works on gross development values between £1m and £20m, but has handled projects worth in the region of £200m. Most of our client base is in London and the South East, however, we do act for a number of clients across the UK. Because we have a specialist development team we have a greater understanding of all aspects of property development from planning applications to land acquisitions and plot sales, the team can spot and solve potential problems early on.
This specialist development team has a wide range of skills covering:
- complex land developments and site acquisition
- restrictive covenant advice and handling
- option agreements and overage arrangements
- multiple provisions for utilities companies
- creating investment property portfolios
With our Plot Sales System (a sophisticated management tool), which allows all sales documents, are uploaded to the web. As soon as the purchaser’s solicitor downloads them, the system is immediately updated and the countdown to completion begins which in turn saves time and money.
The 2012 edition of the Chambers & Partners guide to the legal profession described the commercial property group as “responsive and conscientious” as well as “six-partner property team is particularly respected for its development finance expertise.”
