Client Story

Social housing leases move to Falcon HA with HCR support

29th May 2018

Boosting Falcon Housing Association’s portfolio and supporting the provision of care for vulnerable adults, the reassignment of leases from First Priority HA, another association under the Civitas umbrella, was supported by a team led by Louise Crook, real estate partner within the firm’s healthcare team.

Across the country, a total of 45 leases were reassigned on the same terms to Falcon, approved by Homes England as regulator.

Falcon Housing Association Community Interest Company (CIC) is a UK wide non-profit, registered provider of social housing. Falcon work closely with tenants and their families, care providers and local authorities to provide affordable, sustainable solutions to vulnerable adults throughout the United Kingdom and Wales. This recent acquisition bolsters the estate and the opportunities to provide much needed care.

Louise Crook said: “The depth of our understanding of Falcon’s acquisition requirements means we’ve been able to work quickly and deliver the purchase within a very challenging deadline. It is a pleasure working alongside Falcon.”

Sharon Smith of Falcon Housing Association said: “We have a strong relationship with Harrison Clark Rickerbys and have welcomed the opportunity to broaden our portfolio which allows us to provide more people with valuable support and a home for life.”

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