Poole-based Morrish Homes, who has an outstanding reputation across Dorset for their forwarding-thinking approach to new developments, acquired the site from Jameson Homes.
The new development, consisting of 12 units, will be built in the village of Diptford in Totnes. It had already been green-lighted for planning permission in 2018 and, with full building regulation approval now granted, will be Morrish Homes’ first site in Devon.
Narrow time frame
Despite the pressures of Covid-19 the residential development team at Steele Raymond were able to progress the acquisition from offer to completion inside of 10 working days.
The acquisition of scheme for Morrish Homes was led by Steele Raymond Partner and residential development specialist, Chris Dolan.
Speaking about the transaction, Chris said:
“We are delighted to have worked with the team at Morrish Homes team on this and a number of projects recently. All parties were keen to ensure that the transaction was completed in as short a time frame as possible. There are always challenges, particularly during the current climate, but having such a good relationship with the team at Morrish Homes meant that we were able to achieve the transaction from offer to completion inside 10 working days.”
Tony Bowden, Senior Land Manager at Morrish Homes, said:
“Working alongside the team at Steele Raymond was incredible. The fact that it only took 10 working days from offer to completion for us to acquire this beautifully designed scheme is testament to the hard work everyone put in throughout the whole process.”
“The team at Steele Raymond were exceptional and working alongside Chris Dolan to achieve the acquisition in such a short turnaround time was something we were all delighted with.”
Leading the way
Steele Raymond’s specialist residential development team continues to lead the way by acting in some of the region’s most significant land transactions.
If you would like to discuss your legal options with our residential development solicitors in Bournemouth, please contact Chris Dolan on 01202 294 566 or email [email protected].