Property Finance

The Wallace property finance team consists of partners and solicitors in the property team, corporate and commercial litigation teams.

Wallace works with a variety of funders including mainstream and alternative lenders, funds, specialist property lenders, private lenders and family offices. We can assist with your requirements whether you are a lender, borrower, investor or developer in the UK or overseas.

In particular we advise on the following areas:

  • Real estate development and investment finance;

  • Forward funding of acquisitions and developments;

  • Secured lending, including charge over shares, charge over construction contracts, personal guarantees, facility agreements and associated security documents;

  • Bridging finance;

  • Mezzanine lending and associated Inter-creditor arrangements;

  • Loans on high value residential acquisitions; and

  • Restructuring, including security reviews, and litigation to enforce debts and any associated guarantees.

Testimonials and recent experience

  • Acting for a family office in connection with a £41.3m facility provided by Deutsche Bank secured on a property in Dover Street, London.

  • Acting in respect of “forward funding” matters for a commercial developer involving the sale of bare land to the funder, subject to a pre-let to major convenience store operators, where no development has yet been carried out. The developer constructs the development in accordance with the pre-let documentation, which is paid for by the funder with an additional, profit -related, payment to the developer at completion provided the development is properly constructed and the lease completes in accordance with the pre-let documentation.

  • Acting for Jordan International Bank PLC in respect of multiple specialist property finance loans for residential and mixed use development schemes, incorporating multiple different forms of security.

  • Acting for lenders with respect to regulated buy to let loans in the UK.

  • Acting for borrowers with respect to their borrowing requirements on both residential and commercial property.