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Berkeley Bolsters Residential Property Client Base With London Law Firm Acquisition

Mark Shapland Reporter London 15 April 2014

Berkeley Bolsters Residential Property Client Base With London Law Firm Acquisition

Berkeley Law has beefed up its residential property division and acquired fellow London law firm Kensington Law.

Berkeley Law has beefed up its residential property division and acquired fellow London law firm Kensington Law.

The boutique law firm specialising in wealth advice for high net worth individuals plans to bolster its UK and overseas property client base as London’s prime residential market boom continues.

Prime central London house prices in March rose another 0.8 per cent last month as the market shows no signs of slowing down ahead of next year's general election, according to the latest figure from upmarket estate agent Knight Frank. Prices in the capital have risen an astonishing 68 per cent in the five years since the post-Lehman Brothers low in March 2009, the company's prime central London sales index shows.

“As London’s property market continues to strengthen, and overseas investors look to the London property market as a safe haven, developing further residential property and conveyancing expertise makes abundant sense,” said Nick Rucker, partner at Berkeley Law. “Many of our clients and their advisors, both domestic and international, are actively seeking to invest in high value residential property in prime London locations, and Berkeley Hurrell and the wider Berkeley Law Group of Companies will be able to service the vast majority of their advisory needs.”

The acquisition sees Kensington Law renamed Berkeley Hurrell, with the company operating as a wholly-owned subsidiary of Berkeley Law Limited. It advises on all areas of residential conveyancing, including sales and purchases of freehold and leasehold properties, selling or purchasing with the benefit of lease extension claims, enfranchisement and sales and purchases involving complex offshore structures and mortgages. Its customers include individuals and families from the UK and abroad, banks and lenders, developers and property investors, family and estate offices.

“We are delighted to have joined forces with Berkeley Law. Working with Nick and his colleagues means we can now meet the growing demand from clients as they seek legal and wealth advice, not just related to their residential property needs,” said Dorothy Hurrell, partner at Berkeley Hurrell.

Berkeley Law was set up in May 2010 by four partners with significant experience in the private wealth advisory industry. The firm acts for and advises high net worth clients and families from the UK and abroad and their advisors – including family and estate offices and the institutions who service them.

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