Fundraising Support for a New Community Town

Case Study2nd Jan 2022

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Our Client  

A family led estate with a traditional mix of forestry, fishing, let farms, residential letting and larger commercial property leases.  

Under the Scottish Sustainable Communities Initiative, the estate embarked on a Strategic Development Framework for a new community town with approximately 7,000 homes, with the Masterplan being adopted by the Local Council.  

The estate received outline planning permission for approximately 5,000 homes, with detailed planning permission for 600 homes granted for Phase 1. The estate required to secure additional funding to support the ongoing development initial infrastructure phase. 

Our Approach 

  • Took the time to the client’s aspirations and long-term vision 
  • Acted as lead financial advisors in negotiations to secure the appropriate mix of Bank and Scottish Government funding to support the development and initial infrastructure 
  • Prepared annual and long term cashflow forecasts to show short-, medium- and long-term outlook for the development 
  • Developed a bespoke interactive reporting platform, to monitor and report the development income and costs 
  • Advised on complex Capital Gains Tax, Inheritance Tax and VAT matters 
  • Collaborated with the client’s other key advisors and provided operational support to the estate’s finance team. 

The Outcome 

  • Optimised cashflows at front end of the Development by attaining significant tax reliefs in the structuring and attribution of Section 75 planning gain costs 
  • Implemented a robust management reporting framework to give the client real -time visibility of their finances and future cashflows that are useful for making key strategic decisions with the development and estate planning 
  • The client has support in areas where they did not have expertise internally 

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