Top 10 of 847 law firms for Development loan facilities, Construction

Law firms ranked by client 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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95%+

Value for money

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We have found a review that matches your query

David Riordan

Tagged solicitor David Riordan

I was the lead in an action starting with the Pre Court Protocol for the construction industry - we were a group of 4 and a management company and needed help with the PCP - we decided on Whitehead Monckton from a list of about 3 solicitors - WM seemed the most helpful and understood what we were trying to achieve. On the whole we were satisfied with the way WM worked for us - there were just a couple of times where timescales were missed - therefore we needed to keep our eye on the ball but overall after a lengthy legal process we enjoyed success with our case.

Review left by Jean Scott

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