Womble Bond Dickinson (WBD) has advised one of its longstanding landowner clients on the sale of a greenfield site in Nailsea, to Taylor Wimpey Plc, one of the largest British-based housebuilding companies.
The site has outline permission for 450 homes with plans to create a new neighbourhood off Netherton Wood Lane. Around 30% of the development will be affordable housing.
This was one of three recent sales where WBD found itself acting for clients selling their land to Taylor Wimpey. In total the three sites (the other two being in Somerset and South Gloucestershire) will provide Taylor Wimpey with 1,500 plots for development.
The WBD team advising the landowner was led by Associate Kayleigh Harrison-Dunford and Partner Robert Drewett who provided key real estate and commercial expertise on the transaction.
Kayleigh Harrison-Dunford of WBD commented:
"WBD's private client practice has been advising families and their businesses for over 200 years, combining legal expertise, commercial advice and local knowledge. It has been a pleasure working for our client on the sale of this land to Taylor Wimpey; our strong real estate credentials coupled with our knowledge of the local market enabled us to secure a smooth completion for all parties."
WBD's private client team is ranked highly in both legal directories Chambers and Partners High Net Worth (HNW) guide and the Legal 500. The team is praised by clients for delivering "absolutely first-class advice on a wide range of issues" to HNW individuals in the UK and overseas with teams drawn from across the firm's offices. The guide also highlights WBD as "one of the best private client teams in the West" for high-end private client work, praises WBD in London for "handling complicated cases with ease" and is "the go-to firm" in the North East and Yorkshire."
Ranking in the UK's top 20 law firms, WBD provides legal expertise from across seven offices in the UK and 19 offices in the US. Bristol is the firm's second largest UK office where it employs around 230 staff.