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Project Insights

  • Client Network Homes
  • Contractor Formation Group Plc
  • Contract Value £7,650,000.00
  • Duration 16 months
  • Address Wembley Central, Brent
  • Development Purchasing of 125 year long leasehold of 38 units, of which 12 units were built as Shared Ownership and the remaining units were for general needs.

Project Description

Network Homes engaged Martin Arnold to secure 38 new residential units from Sunbel/Formation through Section 106 Agreement. Martin Arnold were involved in the project from site commencement to handover and through to the rectification period.

Critical Challenge

The critical challenge on this project was developing a relationship with parties who were not contractually linked, yet their input was critical to handover of the project. The ultimate landlord of the whole development, M&G Investors, had no contractual link with our Client, Network Homes, until the development was completed. However, the Clients units were due to be completed earlier than the rest of the development and important decisions, such as; service charges, needed M&G' Investors’ input. Martin Arnold played a key role in establishing the relationship between M&G Investors and Network Homes from early on to ensure Network Homes units handover was not delayed. 

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