Top 10 of 20 law firms for Development loan facilities, Construction | Southwark, London
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Development loan facilities cover the financing and ongoing administration of loans for speculative or pre‑sold construction projects. A solicitor in this area arranges facilities, negotiates main and intercreditor documents, drafts and reviews facility agreements, security packages, drawdown notices and variations, and coordinates with lenders, developers, planning authorities and contractors. They advise on compliance with funding covenants, security priorities, and default remedies to keep a project on track while protecting the lender’s and borrower’s position.
