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20th July 2023

Exciting news: Hunters’ Property Team recognised in the Chambers 2023 High Net Worth (HNW) Guide

James Vernor-Miles
James Vernor-Miles
Partner

I am delighted to report that for the first time, Hunters’ Property Team has been recognised in the Chambers 2023 High Net Worth (HNW) Guide. Our new entry in the HNW Guide under Real Estate: High Value Residential comes in at Band 4.

This is testament to the hard work, diligence and expertise of the entire Hunters’ Property Team, our lawyers, trainees and PAs, who continually provide our clients with excellent service delivered calmly and efficiently.

Kind messages about the team in the HNW Guide include these: 

  • “In a complicated situation, we were in very good hands and received very clear and thoughtful advice”; and 
  • “Everyone with whom I worked at Hunters were extremely helpful, always available and very efficient.”

I couldn’t have put it better myself. In the recent tricky real estate market the team’s positivity and support for each other has been incredible.

In residential property, the period from March 2020 to September 2022 will be remembered for two years of extraordinary resilience and growth; whereas the last nine months have seen a fascinating (predictable?) turnaround. 

The Truss/Kwarteng economic experiment, interest rate spikes, weak pound, the DHCLG’s chaotic drafting and re-drafting of the Building Safety Act, and the drawn-out Leasehold Reform debate have caused plenty of uncertainty. 

For leasehold buyers and sellers in particular, the outlook is sufficiently opaque to justify a stance of: down tools and stay put. Putting aside the question of what “high" value is (clue: it is relative) the more expensive residential market is not at all immune from these shockwaves. Of course, plenty of transactions are still flying through; usually with properly-priced assets, motivated sellers and buyers, often without a mortgage involved and with good advisers on both sides.

The message, as always, is that if you are buying or selling you must do your homework and be well-prepared. If you are selling, call us nice and early so we can prepare your sales pack, audit the papers and foresee and prepare for the new types of enquiries that will arise. If you are buying, call us nice and early so we can get all of the onboarding bumph done and stand ready to go when the right property comes along.

Many thanks to all of our clients and business colleagues who support us and who kindly responded to the Chambers’ researchers.