One of the largest housing associations in the UK, Notting Hill Genesis, is to award a framework for the provision of legal services worth an estimated £30m over four years.
The framework is divided into the following lots:
1A. Development and Regeneration – Simple (worth an estimated £7m): “This lot relates to simple transactions, typical of developing registered providers, which should be regarded as a straightforward package deals for the acquisition of affordable housing from developers; stock rationalisation; conveyancing in connection with the purchase of single dwellings or the purchase of land with or without planning consent from a single owner with registered title, providing good and marketable title where Heads of Terms have been agreed by NHG and the seller’s solicitors provides the purchase contracts. There are no third-party arrangements with other land owners or building contracts.”
1B. Development and Regeneration – Complex (£6m): “This lot relates to complex transactions, which should be regarded as likely to involve other parties other than the seller, have complex title matters, involve more than one company within the NHG structure and will involve an element of tax planning. The instructions will reflect the increasingly complex, multi-party legal agreements and transactions that we are engaged in."
2. Employment and Health and Safety (£1m).
3. Residential Services (£6m) including advice surrounding anti-social behaviour proceedings and disrepair claims.
4. Corporate and Governance (£2m).
5. Treasury and Finance (£6m).
6. Conveyancing (£2m).
Notting Hill Genesis was formed by the merger of Notting Hill Housing and Genesis Housing Association on 4 April this year.
At that point the newly-merged organisation had around 55,000 homes in London and 64,000 across the south-east, half of which are general needs homes on social or affordable rents.