Lauren Purdey

Solicitor, Property Law
 

Lauren qualified as a solicitor into Herrington Carmichael’s Real Estate department in March 2019 after completing her training contract at the firm. She specialises in acting for property developers in respect of land acquisitions and all ancillary legal work including financing arrangements, utility agreements with utility companies as well as private land owners, planning agreements and overage agreements.

Lauren also manages the Plot sales team and is responsible for the set-up of the legal framework for development sites including drafting the contracts, leases/transfers and information sheet and advising as to the suitability of conveyance plans in line with Land Registry requirements.

 

Experience | Recent Projects

Secured Lending
  • Acted on behalf of a developer in respect of a £3 million refinance of an ongoing development which had stringent deadlines to be met and multiple parties involved, including a mezzanine lender
  • Acted on behalf of a high street bank as a panel solicitor for the grant of a mortgage over a nigh net worth new build residential property
  • Regularly act on behalf of developer clients in respect of securing development and bridging finance, including dealing with all lender requirements for high street lenders and mezzanine lenders
Residential Development
  • Assisted on a transaction involving the purchase of a large multi-million pound development site by way of a conditional contract, followed by a sub-sale to a subsidiary company and a Headlease of an additional part of the land, in order to facilitate the client’s proposed development of 250 houses
  • Acted on behalf of a developer in respect of their collaboration with a national housebuilder including the drafting of a complex partition transfer separating the two developer’s parcels of land, whilst maintaining jointly owned infrastructure land required to serve the development as a whole
  • The frequent negotiation of various planning, utility and infrastructure agreements ancillary to residential development sites including s106 Agreements, s104 Agreements, s278 Agreements and Deeds of Easements where applicable
  • Acquisition of development sites with or without the benefit of planning permission by way of option agreements, conditional and unconditional contracts, including overage agreements
Plot Sales
  • Manages the plot sales team to oversee the sales of the new build plots at approximately 36 development sites during 2019/2020 for various developers.
  • Responsible for the set-up of the legal framework for each new development site to include the drafting of contracts, transfer/lease (as applicable) and information sheets and collating the documentation to form the sales packs
  • Liaising with any mortgagee for the development to arrange redemption of the mortgage on each sale and eventual discharge of the charge against the development
  • Liaising with the developer on completion of the plot sales to arrange the transfer of any communal areas to the management company where applicable
  • Dealing with the sale of the freehold reversion of leasehold properties including issuing Section 5 notices where applicable

Interests and Hobbies

Outside of the office Lauren enjoys reading, cooking and going to the cinema. She loves socialising with friends and attending concerts.  Lauren also enjoys visiting different places around the world and hopes to travel much more in the future.

Lauren Purdey

Solicitor, Property Law

Office01276 686 222
Direct01276 854 934

Lauren is always quick to get back to you, very on the ball and efficient in all ways as well as being a pleasure to deal with. I would have no hesitation in asking her to act for me again.

- Patrick Bancroft MD Bancroft Developments Limited.

I have had the pleasure of using the services of Herrington and Carmichael in the past and recently instructed Lauren Purdey on my Mother’s sale. The service and attention to detail I received was excellent. I would highly recommend them and have already done so to friends and family

- Gary Brook

Lauren was recommended to me and I would gladly recommend her to others. Always a pleasure to talk to, Lauren has incisive drafting ability, solid judgement and the perseverance to conclude contracts

– Jonathan Beach, Director Magna Asset Management Limited

We just want to thank you for your work on this sale.  You’ve been fantastic throughout, always responding quickly, keeping us informed  and helping us out when we were unsure about something.  We’ll be in touch when we buy/sell again! 

- Michelle Gautier

Articles Written by Lauren Purdey 

Common Questions from Developers on Residential Leases

The current leasehold reform is changing the landscape of residential new build plot sales, both in terms of substance and policy. It is understandable therefore, that when property developers are readying their sites for plot sales there is an element of uncertainty...

How to set up a Residential Development Site

So you’ve gone through the potentially lengthy process of acquiring a development site, addressing the ever-growing list of planning requirements, arranging new utility connections, battling against the English weather to meet your build schedule and are finally ready...

The Leasehold Reform – Where are we?

Those involved in the property market in any way will be well aware of the state of confusion and uncertainty which currently surrounds the leasehold system. There has been much public speculation and many a promise made as to how the system will be reformed to better...
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