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Mark Sellers, Partner at Penningtons Manches

Profile

Mark is a partner in the social housing team. Practising jointly from the London and Cambridge offices, he specialises in acting for registered providers on their acquisitions by way of outright purchase, conditional agreements, option agreements, golden brick agreements and associated development agreements.

Additionally, Mark advises registered providers on all aspects of home ownership sales including shared ownership, market sales, help to buy, right to buy and lease extensions. He provides guidance on the management of housing stock including stock transfers, deeds relating to rights of light, party wall issues, loft conversions, assured shorthold tenancies and assignments of leasehold properties.

Mark also acts for private clients and companies on a range of transactions such as recently the purchases of a shopping centre, various sites subsequently developed into housing schemes, office investment portfolios and a preparatory school as a going concern from a college, as well as the refinancing of a chain of gyms. He has acted for government bodies on the property aspects of the discharge of their statutory functions.

He joined Penningtons Manches in 2017.

Recent work highlights

  • Advising a registered provider on the development of a site comprising 99 care home flats with retail shops on the ground floor.
  • Acting for a registered provider on the disposal of high value (above £1 million) homes to generate cross subsidy for the redevelopment of affordable housing.
  • Securing an option for a registered provider over adjacent sites located in Bedfordshire to produce a site of over 100 acres for mixed tenure housing.
  • Acting for an investor on the purchase of a shopping centre with 20 retail shops, 10 offices and over 40 flats let on assured shorthold tenancies.
  • Representing a Far Eastern hotel chain during the acquisition of a former grammar school near the Tower of London and its subsequent development into a 4-star plus boutique hotel.

Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP