Property finance lawyers in London & Thames Valley
We act for lenders and borrowers in relation to the financing of commercial real estate investment and development. Our clients include high net worth individuals, institutional investors, funds and developers, institutional lenders and private banks.
“They are knowledgeable, friendly, efficient and a pleasure to work with.”
Chambers and Partners
FAQs
In general it is preferable to finance commercial property through a company due to the principal of limited personal liability. This offers individuals peace of mind that they are, in normal circumstances, only personally liable for the amount they originally put into the business/company. However, if the company does not hold any other assets, lenders may require you to provide a personal guarantee as security against the loan.
Commercial property is usually funded by personal or business capital or third-party finance -the latter can take the form of a loan from a lender and secured by a charge. You will need to ensure that you have funding in place before exchanging contracts, as lenders will likely need to satisfy themselves the property has good and marketable title . Usually the solicitor dealing with the purchase will be able to jointly act for the lender, but the bank may be separately represented if it is not an institutional lender, or if the loan value is high.
