Top 10 Development loan facilities Solicitors in the UK

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71 firms matched Narrowed down from 305
Top Match: Poole Alcock 4.8 5,506 reviews

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.

What a solicitor handles in these matters

The solicitor handles facility agreements, security packages, intercreditor arrangements, drawdown mechanics, calls on performance covenants, and enforcement steps if a borrower defaults. They navigate planning conditions, construction contracts, and certificate regimes, ensuring alignment between funding milestones and construction progress, and manage interactions with multiple lenders, housing associations, or joint venture partners.

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221

Ronald Fletcher Baker LLP

4.9 1,361 Reviews

95%+

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Tagged solicitor Thomas Iraqi

Thanks to John, Berivan and most lately Thomas Iraqi for assisting with my development refinance. It wasn’t an easy transaction but glad to say Thomas was calm throughout dispute me loosing my temper numerous times regarding lender enquiries, building control, planning and warranty matters. I have used RFB for a long period of time 10 years plus and so long as a reliable associate or solicitor is on the case things have always gone well.