Ashfords' real estate team has successfully advised Curo Enterprise Limited, the development and property delivery arm of Bath-based housing association and house-builder Curo Group, on its latest site acquisition.
The site in Wells, Somerset, will help towards delivering Curo Group's plan to build over 900 new social homes and 600 private homes in the South West region before 2030.
The transaction comprised an unconditional purchase with the benefit of an existing outline planning permission, together with various ancillary documentation, including letters of reliance in respect of all planning reports and drawings. Alongside that the usual due diligence was required.
From the outset the timescales were challenging - the site had been promoted by Gladman Developments who wanted to achieve exchange and completion by its financial year end on 26 June 2026.
Real estate partner Kate Topp and associate Tillie Clark worked acted on the transaction, with support from solicitors Emily Moorcroft and Lara Jenkins (construction) and solicitor Hannah Lewthwaite (planning).
Ashfords’ knowledge and expertise enabled the transaction to be completed successfully within six weeks, ensuring a smooth process and delivery within the agreed timescales.
The site will facilitate the delivery of up to 78 homes, with outline planning consent providing for 40% affordable housing.
Charlotte Cooper, head of land at Curo Enterprises, said: "A huge thank you to the Ashfords team for all your hard work, and who always do a fantastic job for us on our acquisitions. Specifically on this project thanks go to Tillie Clark and Kate Topp."
Ashfords' real estate team advises commercial and public sector organisations on a broad range of property matters. Known for its expertise in large-scale developments, urban regeneration and real estate investment work, the team supports clients ranging from housebuilders and commercial developers to housing associations, investors and local authorities.
For further information, please contact our real estate team.
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