Ben Bystry Associate
Ben is responsible for advising house builders and registered providers on all aspects of site acquisition. He regularly advises clients in relation to the real estate aspects of property finance on development sites. He is also responsible for commercial property investment purchases and sales and manages a number of commercial property portfolios.
Main areas of practice
His experience includes advising developers, house builders and landowners on option agreements, conditional contracts, promotion agreements, joint ventures, and infrastructure agreements. He also works on development industry site acquisitions, site set up and disposals.
In addition to his development work, Ben also advises clients on investment purchases/sales and portfolio, and general commercial leases.
- Assisted a private developer who required a land swap and intra-company group transfer and CLL certificate of Title as part of a £10 million finance package of a development site.
- Acted for a private investor on the acquisition of a Wharf for £4.4 million and letting scheme based on institutionally acceptable rack rent leases producing an aggregate annual rent roll of circa £360K per annum.
- Acted for private investor acquiring an office block for £3million with lease back. The transaction was structured as a pre-packaged sale from a financially struggling seller.
- £10 million re-finance of client's commercial property portfolio from Bank of Scotland to HSBC.
- Assisted a registered provider on a site acquisition for a self-build open market scheme with affordable housing allocation retained as part of the development for affordable rented and shared ownership.
Corporate: Ben has provided corporate and insolvency support in relation to commercial real estate and secured lending advice.
Related Knowledge & Resources
Chancellor announces changes to stamp duty land tax for first-time buyers but with no changes for the rest of the market
As had been hinted at over the weekend, in today's Autumn Budget, Phillip Hammond has announced changes to Stamp Duty Land Tax ("SDLT") to assist first time buyers to be known as "Discount Relief".
In HR Magazine, Holly Cudbill, considers the vexed question of whether employees who undertake sleep-in shifts are entitled to the national minimum wage (NMW) throughout the entire time they are asleep, or only when they are awake to carry out duties.
With fly-tipping on the increase, private landowners are becoming more concerned about their rights and responsibilities. Our expert discusses the remedies for private land owners as well as the preventive measures that can be taken.