Real Estate Finance Specialist Lawyers
Our Real Estate
Finance lawyers' insight and appreciation of the
needs and pressures of clients in the banking & finance sector
is unrivalled.
Real estate finance lawyers
We take pride in the
quality and speed of delivery of our advice, our innovative
thinking and, most importantly, our commercial awareness. Our
aim is to achieve creative, practical and above all
commercial financing solutions to get the deal
done.
Real estate finance services
The Hugh James Real
Estate Finance legal team has a wealth of experience in dealing
with the banking and finance sector, and specifically assisting
financial institutions and borrowers with:
- Perfection of security
- Preparation of certificates/reports on title and
- Delivery of property related financial
solutions
- Acquisition and investment financing
- Development and construction financing
- Mezzanine financing
- Joint ventures
- Refinancing
In addition to our general
commercial expertise we offer specialist services in the following
areas:
- Housing Association finance
- Health Care finance
Our dedicated team of
property finance specialists can call on the expertise of the wider
multi-disciplinary banking and finance team which itself is drawn
primarily from the firm’s specialist corporate banking,
construction energy & projects, and corporate recovery
teams.
In addition we have the
ability to call upon expert colleagues as required on any specific
transaction who specialise in, amongst other disciplines,
employment, licensing and specialist healthcare and regulatory
matters, to deliver a complete service of bespoke and flexible
solutions across the full remit of financial transactions.
We believe that the draw down of
funds on time, in any secured lending transaction, goes hand in
hand with taking a commercial approach, providing concise advice,
and fundamentally, highlighting problems as they arise. To achieve
this, we provide both solutions and commercial
recommendations.
As our client you are therefore in
possession of the facts and are empowered to make a commercial
decision supported by our professional recommendation.
We offer a fully transparent range
of scale fees to our clients. By knowing the legal fees in
advance you can present your client with a complete package of
costs at the outset.
Real Estate Finance client types
Our Cardiff
based Real Estate Finance lawyers act for and
provide advice on all aspects of property
finance for a range of different clients across the UK
including:
- banks and financial
institutions
- housing
associations
- insolvency
practitioners
Acting for Banks
Our
specialist Real Estate Finance lawyers
are an innovative team of experts with many years of
experience.
The Real Estate Finance
team have recently been appointed to the legal panels for Santander
Corporate Banking, The Co-operative Bank Plc and Unity Trust Bank
Plc.
Our skilled Real
Estate Finance team undertakes work for these clients in both,
sector specific lending in the specialist fields of housing
association finance and health care finance, and general commercial
property finance transactions.
Recent examples include:
- Multiple instructions from the Co-operative Bank plc to Housing
Associations in Wales, including £5m and £10m facilities.
- Instructions from Unity Trust Bank plc to Housing Associations
and commercial clients including facilities of a value up to
£5m.
- Multiple instructions from the health care team at the Royal
Bank of Scotland including full property due diligence in the
recent acquisition by Castalia of several nursing homes.
- Multiple instructions from the Property Finance team at the
Royal Bank of Scotland including acting as lead partner in finance
of the construction of a new hotel in Gwent and
- Perfection of security over the funding of an aircraft
hangar.
In addition to the above named lenders, the
Real Estate Finance team receive instructions from existing clients
such as:
- HSBC advising in relation to property
finance matters and the perfection of security in the acquisition
of a 19 unit industrial estate in Tredegar and a commercial
property site in Newport.
- Bank of Ireland – numerous property finance transactions
emanating from the Cardiff, Bristol, Southampton and London
offices.
- Clydesdale Bank - numerous property finance transactions
emanating from the Cardiff, and London offices.
- Bank of Scotland Corporate - numerous property finance
transactions emanating from the Cardiff office.
- Svenska
Handelsbanken in relation to a number of high
value property instructions including a £5.1 million facility to a
Spanish manufacturing company, acquiring commercial premises in
Cardiff
Acting for Borrowers
The Real Estate Finance
team are also specialists in acting for borrowers when they are
taking facilities secured against property, having recently acted
for numerous Housing Associations and other commercial borrowers in
facilities in excess of £550m over the past two years:
- Acting for various Welsh
Housing Associations in all aspects
of the perfection of corporate and property security, and the
preparation of certificates of title, including most
recently
£55 million, £45 million and £30 million loan
facilities.
- US private equity firm AIAC on a number of
transactions including its acquisition of Bemrose
Booth, a leading provider of security and transactional
print services.
-
In 2008 Hugh James became one of only two
firms appointed as panel members of the Welsh Government’s
Corporate Finance arm.
-
Finance Wales, for whom we
carry out instructions, deal with negotiation and drafting of loan
documents, taking security and acting on priority agreements.