Tattenhoe Park – Phase 6

Project Details

Thomas Lister provided property advice to Homes England on the disposal of a 170-unit residential site, comprising the sixth phase of a wider Sustainable Urban Extension at Tattenhoe Park in Milton Keynes.

Our Approach

Disposing of the site via Homes England’s DPS system, our work involved:

  • Soft Market Testing with housing developers
  • The preparation of Expression of Interest and Invitation to Tender documentation
  • Responses to clarification questions raised during the disposal process
  • Technical review of submissions received
  • Preparation of a Franking Valuation and Heads of Terms to support the disposal to the preferred bidder, whilst also recommending a proposed under-bidder.

Support to the contracting process, including advising on the Agreement for Lease with the preferred developer.

Results

The process resulted in the disposal of the site, via a Building Lease, for 170 new homes to a national housing developer (Bellway) who are now delivering the site now known as ‘Tattenhoe Meadows’.

Location
Tattnehoe Park, Milton Keynes
Client
Homes England
Services
Agency – Disposal of a 170 unit residential scheme
Gallery
Contact
Jon Elmer
07730 671379
jon.elmer@thomaslister.com
Gallery
Contact
Jon Elmer
07730 671379
jon.elmer@thomaslister.com