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More Information

thepartners@wrigleys.co.uk

Leeds: 0113 244 6100

Sheffield: 0114 267 5588

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St Clements – innovative London CLT development

July 2017

Wrigleys has been involved in this ground-breaking scheme to ensure perpetually affordable accommodation for individuals meeting certain criteria.

This complex scheme hinges on the involvement of London Community Land Trust and links the price of flats to local income. 

Wrigleys and Ecology Building Society have been working closely with the CLT's members to move them into their new build flats as they are released by the developer.

The first sale to a CLT member completed on 2 June and the second tranche of properties are coming on stream now (June 2017).

Further Reading

London CLT Website

Ecology Building Society

Big Issue article: Community land trusts: an answer to Britain’s housing crisis?

 

If you would like to discuss any aspect of Community Land Trusts further, please contact Emma Ridge or Laura Moss on 0113 244 6100.

You can also keep up to date by following Wrigleys Charities and Social Economy team on Twitter here

The information in the glossary is necessarily of a general nature. Specific advice should be sought for specific situations. If you have any queries or need any legal advice please feel free to contact Wrigleys Solicitors

 

 

Emma Ridge View Biography

Emma Ridge

Partner
Leeds

Laura Moss View Biography

Laura Moss

Solicitor
Leeds

22 May 2019

Update on how retirement complexes' event fees could affect community-led housing groups

An event fee is a charge made by a landlord on the occurrence of a specified event, for instance, if a tenant sells its lease.

17 May 2019

Severance payments and the academy trust: what you need to know - PART 1

An agreed exit for school staff via a settlement agreement may be trickier than you think…

16 May 2019

Succession planning for diversification projects and land with development 'hope' value

The range of options available, and the importance of acting early with professional input