Top 10 of 1,011 law firms for Development Loan Facilities, Banking

Law firms ranked by client reviews

Development loan facilities cover the financing arrangements that allow a developer to draw funds across a project’s life, from initial site purchase through forming planning permissions to construction and phased completions. A solicitor drafts and negotiates the facility agreement, security package and related documents, coordinates drawdown and repayment mechanics, and handles associated hedging and intercreditor terms. They also supervise title due diligence, planning consents, and enforce security if a borrower defaults, coordinating with lenders and project advisers.

What a solicitor handles in these matters

The solicitor structures the loan, negotiates terms such as advance rates, interest margins, covenants, and events of default, and coordinates the security stack (charges over land, collateral, and guarantees). They draft and review the facility agreement, security documents, and ancillary deeds, ensure perfection of security with filings, and manage intercreditor and step-in rights, drawdown schedules, and variations or novations as the project progresses.

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5.0 541 Reviews

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Harry Coombe

Tagged solicitor Harry Coombe

Harry was very professional when managing our house purchase. He kept us in the loop and was a friendly and approachable professional. If we ever need to buy property in the future we would be sure to use him again as he was so efficient and reliable.

Review left by Enya

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Bakshi Dhanda

Tagged solicitor Bakshi Dhanda

I found the whole team at Gepp Solicitors extremely helpful right from the reception staff to the Bakshi Dhanda team that I was dealing with on a regular basis. I encountered numerous problems with both my buyer and vendor and the team were very cooperative, communicated extremely well, were always polite and responded to my many questions on various issues in a timely manner at all times. I received an excellent level of service from the Bakshi Dhanda team throughout as they were efficient and kept me well informed. I will therefore not hesitate to recommend them.

Review left by Theresa Marie Alexander

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Thompsons

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