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Billy Poulter

Partner

Home office: Manchester
Billy Poulter - Commercial Property Solicitor - Manchester

Billy is a Solicitor in the Commercial Property Team.

Billy is a Real Estate Partner with over 10 years experience in the Real Estate sector. Billy has a particular focus on residential development and has advised developer/housebuilder, public sector, and Registered Provider clients on acquisitions and sales of land for development purposes. Billy has particular experience in acting on development sites with a collaboration between the public and private sector.

Billy’s clients include and have included (without limitation) Vistry Partnerships/Vistry Homes, Bellway, Countryside, Crest Nicholson, Evans Homes, Kellen Homes, Clarion/Latimer Developments, Guinness Partnerships, United Living/Partner Construction, Rowlinson Construction, Robertson Strategic, Persimmon, Places for People, Redrow, Taylor Wimpey, Wates, Homes England, Cross Keys Homes, Great Places.

How Billy can help you

Billy is a residential development and regeneration specialist, and Billy has throughout his career advised developers/housebuilders, Registered Providers and the government.

Billy helps his clients to achieve commercial and pragmatic solutions to problems in order for them to achieve their objectives. Billy is experienced in advising, drafting and negotiating conditional contracts, development agreements, golden brick agreements, turnkey agreements, overage provisions, Homes England building lease model documentation and option agreements.

Experience

  • Advising a major national housebuilder on the acquisition of a large development site from a consortium of landowners for a development scheme intended to bring forward over 2,000 homes over the space of 10 years. The site has an acquisition value of circa £140 million.
  • Advising national housebuilders on acquisitions of sites from Homes England. Billy advises his clients from the early stages of bidding for the site, through to agreement for lease stage, building lease completion and then on onward disposals to development partners such as RPs and PRS operators. For one of his clients, Billy has produced a model form of building lease to be used on schemes with a particular PRS Operator involvement.
  • Advising generally on acquisition of sites for development, usually involving conditional elements and overage structures.
  • Advising a Registered Provider client on an acquisition for development via a JV structure with another developer. There was also an element of development finance being provided to the JV which Billy assisted on.
  • Advising a public sector client on disposals of land to private developers for residential development via Homes England’s residential building lease model. This has often involved working on sites where there is a mix of affordable housing, private/market housing and PRS housing, so Billy is familiar with dealing with various parties (and their commercial drivers) on the same site.
  • Advising a public sector client on a local authority accelerated construction programme. This was a scheme to fund local authority owned sites in order to speed up the construction of homes in England.
  • Advising a developer on the acquisition of a site for delivery of a mixed use scheme. This was a landmark scheme for this client as was at the time the largest development in its history, which aims to provide around 928 homes, 35% of which are intending to be affordable. With the inclusion of commercial space, the development will also create a thriving community for residents and local people.
  • Advising a developer based in Manchester on the residential development of a former Stagecoach bus depot at Bowes Street, Moss Side, Manchester.

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