Real estate finance

Real estate finance guidance:

This Practice Note compares key terms of the Loan Market Association (LMA) intercreditor agreement for leveraged acquisition finance transactions (senior/mezzanine) (the...

Practice Note

Why are lenders concerned about environmental risk? The ever growing number of environmental laws has affected the way that lenders perceive environmental risk and has...

Practice Note

Lenders' risk exposure Lenders are increasingly concerned with environmental risk in their day to day secured lending businesses. All major UK banks now have to make, to...

Practice Note

Land Charges searches are not required for dealings with registered land, but if you are acting for a lender in connection with a charge over an interest in property,...

Practice Note

A charity may be involved in a construction project: • to fulfil its charitable objectives (eg the construction of social housing) • to provide office or other...

Practice Note

TO BE PRINTED ON THE HEADED PAPER OF THE BORROWER’S SOLICITORS To: [insert details of the lender’s solicitors] (the Lender’s Solicitors), and [insert details of the...

Precedents

TO BE PRINTED ON THE HEADED PAPER OF THE SELLER’S LENDER’S SOLICITORS To: [insert details of the buyer’s solicitors] (the Buyer’s Solicitors) [insert details of the...

Precedents

TO BE PRINTED ON THE HEADED PAPER OF THE SELLER’S LENDER’S SOLICITORS To: [insert details of the buyer’s solicitors] (the Buyer’s Solicitors) [insert details of the...

Precedents

On every construction project which requires external funding, the lender will appoint its own team of lawyers to draft and/or negotiate the various documents. Part of...

Practice Note

Under the Law of Property (Miscellaneous Provisions) Act 1994 (LP(MP)A 1994), the seller will normally provide covenants for title, in standard form, by...

Practice Note

The CRC Energy Efficiency Scheme (CRC Scheme) is a mandatory emissions trading scheme in the UK that aims to cut carbon dioxide emissions and improve energy efficiency in...

Practice Note

This Deed is made on [insert date] 20[insert year] Parties 1 [Insert name of Chargor], a company incorporated in England and Wales with registered number [insert company...

Precedents

This Deed is made on [insert day and month] 20[insert year] Parties 1 [insert name of Lender], a company incorporated in England and Wales with registered number [insert...

Precedents

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...

Practice Note

This Agreement dated [insert date] is made Parties 1 [insert name of agent] [of [insert address] OR incorporated in England and Wales with company registration number...

Precedents

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be treated by the EU as a...

Practice Note

What is a debenture? In the context of secured lending, the term 'debenture' means a form of security agreement that grants security interests over a broad range of the...

Practice Note

Security over land can be taken by way of mortgage or charge with the appropriate form often depending on the significance of the land to the borrower's business or the...

Practice Note

Option 1—contract executed by a registered society under its common seal Executed by [insert name of registered society] by affixing its common seal in the presence of...

Precedents

Option 1—deed executed by a registered society under its common seal Executed as a deed by [insert name of registered society] by affixing its common seal in the presence...

Precedents

A valuer estimates or assesses the worth or value of, or fixes a price for, a property. This note does not cover the liability of a valuer acting as an arbitrator. Margin...

Practice Note

The facility agreement is the principal document in the suite of documents which is needed for the provision of finance for a development or construction project. It sets...

Practice Note

When transferring an interest in land, any fixtures form part of the land and are transferred with it, unless there is express provision to the contrary. Fittings (also...

Practice Note

Flexible loan structures Following the financial crisis, the real estate finance market saw a retreat of conventional bank lending and an influx of non-bank lenders...

Practice Note

Click here to download the latest Construction 2020 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered in this...

Practice Note

Click here to download the latest Real estate 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered in this...

Practice Note