Gateley Legal supported the housebuilder in its acquisition of the Penniment Lane site.

A planning application is expected to be submitted in the coming months, with work anticipated to start on site in spring 2027, subject to approvals

“This is an important step forward for Penniment Lane and for the wider Mansfield area,” said Dave Bradley, managing director at Vistry North Midlands.

“I would also like to thank everyone involved in bringing this agreement together.

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“What would usually take months was progressed and exchanged in a matter of days, which is testament to the commitment, collaboration and determination of all parties involved.”

Lauren Jeffrey, residential development partner at Gateley Legal, added: “We are pleased to have supported Vistry with residential development and planning advice to facilitate the exchange of contracts at Penniment Lane.

“It was a true team effort to get this over the line within such a quick time frame, and it’s great to see the scheme move forward and contribute to the delivery of much-needed affordable housing.”