National commercial law firm, Beachcroft Wansbroughs, has played a key role in successfully achieving the financial close of a major Residential Accommodation Scheme for the United Lincolnshire Hospitals NHS Trust.
The £22m capital investment scheme involves the provision of affordable housing to aid the recruitment and retention of key NHS Staff on four of the Trust's hospital sites. Beachcroft Wansbroughs, appointed due to its experience in working with the NHS and its expertise in the healthcare sector, advised the Trust on all elements of its contract with Progress Care Housing Association Limited, the charitable arm of not-for-profit organisation Progress Housing Group. This is one of 21 NHS staff, keyworker and student accommodation schemes for which Beachcroft Wansbroughs has advised upon nationally.
Progress Care Housing Association Limited will provide 590 units of accommodation in a mixture of new build and refurbished buildings units on the four sites at Lincoln, Grantham, Louth and Pilgrim Hospitals. United Lincolnshire Hospitals NHS Trust employs over 7,000 staff, so the need for local affordable housing has become increasingly pressing. Nursing, midwifery and physiotherapy students will be amongst the key workers housed in the new accommodation.
Frank Suttie, the partner leading the Beachcroft Wansbroughs team, said: "With the provision of good key worker housing so crucial to the NHS's overall vision for a world-class healthcare system, this scheme is important and necessary. We are delighted to have again used our experience in this sector to help close a deal that will benefit NHS staff and the local community."
Accommodation sites on the hospital grounds at Lincoln, Boston and Grantham are already being prepared and construction work at all sites is expected to be completed within two years.
For more information, please contact:
Natalie Gross, Bell Pottinger North
Tel: 01625 506 427
Beachcroft Wansbroughs is one of the largest national commercial law firms in the UK. With over 1,300 employees, it provides legal advice and litigation services from seven locations in the UK (London, Birmingham, Bristol, Brussels, Leeds, Manchester and Winchester) and also in Brussels. From routine insurance claims management to 'trusted adviser' work for major national and international organisations, the firms delivers integrated legal services to clients in four main industry groups: health and public sector; real estate and construction; financial services (including the insurance industry); and technology, media and telecommunications.
Beachcroft Wansbroughs has acted on 21 current and concluded NHS staff, keyworker and student accommodation schemes. The firm was also instructed by the Department of Health to draft standard form documentation for these staff accommodation schemes because of its extensive knowledge of the health and PPP market sectors.
Chambers UK 2005 recognised 56 Beachcroft Wansbroughs partners as leading lawyers, taking the firm into the top 20 of all UK law firms; the firm received 20 new entries in Legal 500 2005, a guide to the top 500 lawyers in the UK; in Legal Week's client satisfaction survey, the firm came second amongst all law firms in the UK; and Beachcroft Wansbroughs is one of the largest law firms in the country to obtain the 'Investors in People' award.
Legal 500 (2005 edition) entry in relation to Social Housing: "Beachcroft Wansbroughs fields a national team .... whose expertise in the health sector has led to a raft of instructions from Registered Social Landlords on outsourcing of NHS staff accommodation "clear quick and unambiguous" advice is delivered by a "friendly and utterly professional" team with an eye on clients' budget allowances."
On 1 May 2006, Beachcroft Wansbroughs will become Beachcroft LLP, a move towards greater transparency and commercialisation of the firm. For further information, please visit: http://www.bwlaw.co.uk