Tim Hardesty
Partner, Real Estate
Tim became Head of the Real Estate Department in 2012, but stepped down in June 2023. He has a particular specialism in development work with particular expertise in residential development. He regularly deals with land acquisitions and disposals by way of unconditional or conditional contracts together with long and short term option agreements.
Tim acts on planning agreements and contract with affordable housing providers. He is the main contact for a number of the firm’s large clients on all aspects of commercial property and property law.
Tim has extensive experience of acting for both developers and landowners and can skilfully advise clients on all areas of property development and property law.
Tim enjoys playing golf and organises a golf society for property professionals. In his spare time Tim enjoys country walks, visiting sites of historic interest and drinking craft beer.
Experience
- Acting for care home provider in £7.5m refinance of care home portfolio
- Acting on company refinance £11.5m commercial property portfolio
- Acting for care home provider in acquisition of multiple new homes including £5m+ purchase of existing home and related finance over a portfolio of homes
- Acting for residential developer in a complex purchase of a development site by way of a conditional contract, variation agreements, SPV share sale and sub-sale including in respect of planning agreements and senior and mezzanine finance requirements
- Acting on energy sector projects including options and acquisitions to optimise site value for energy investors
- Acting for self-storage companies on acquisitions, development projects and sales
- Acting for residential developer on £7.5m land acquisition, title split and development agreement
- Acting on a purchase of a mixed use site with complex interests including a development management agreement, long lease, development lease, retail lease back and transfer
- Acting for pension trustees buying and selling commercial property and associated finance
Tim Hardesty is our residential development lawyer. He is a good lawyer and has offered very sound advice. He is able to provide advice on land purchasing, planning, SDLT and issues that impact on the land buying process. What I like about Tim is that he doesn’t use legal jargon and has a common-sense approach to land buying. He is proactive in getting deals done and importantly from my perspective doesn’t hold deals up over unimportant legal points. He is also very personable, and well known and liked by other professionals.
Client
Best Law Firms 2024
Herrington Carmichael has once again been named in the Times Best Law Firms. We were first listed in 2023 and have once again made the Best Law Firms list for 2024.
