Womble Bond Dickinson (WBD) has advised longstanding client Rentplus-UK Ltd, the leading provider of affordable rent-to-buy homes, on its collaboration agreement with Winchester Housing Trust.
The partnership will deliver an affordable rent-to-buy scheme in Hampshire for the first time, offering a pathway to home ownership for working families on low or middle incomes in the region.
The WBD team advising on the collaboration agreement was led by legal director Samantha Orluta, who specialises in the delivery of residential housing development for clients across the UK.
"We're thrilled to have advised our client on this exciting partnership with Winchester Housing Trust. This is a significant development for Rentplus, marking another big step in its journey to deliver award winning affordable rent-to-buy homes in every English county.
"Our legal expertise in real estate alongside our understanding of the local market enabled us to secure the best possible outcome for our client."
Steve Collins, Rentplus CEO, said:
"Our new partnership with Winchester Housing Trust will form the foundation of our ambitious plans for Hampshire and across the South. These much needed new homes will make a vital contribution to helping the area’s working families onto an affordable pathway to home ownership without the need for a deposit.
"We're grateful to the WBD team for their continued support and the quality advice we have come to expect from the firm."
WBD's real estate client portfolio includes Taylor Wimpey, Persimmon, Rentplus, Grainger and Linden Homes. The team is highly recommended in the UK legal directories including in Chambers UK where the firm has a band 1 ranking in the South and is recognised for its "outstanding real estate team with a national reputation for excellence" and "hardworking and efficient" lawyers. The firm is one of the largest law firms in Southampton.