23 Jan, 2024 The Economic Crime and Corporate Transparency Act 2023 – further updates to the Register of Overseas Entities By Megan Newnham We have previously written about the Register of Overseas Entities (ROE)[1], introduced by the Economic Crime (Transparency and...
23 Jan, 2024 Focus on…..Borrower’s Bank Accounts and REF Investment Deals By Katherine Garner On a REF investment deal, the debt is serviced by the rental income a property generates. As well as taking security over the underlying...
23 Jan, 2024 No ‘Hope’ of recovery for negligent valuation? By Charis Almond Valuations are a critical part of lenders’ decision to lend, but they are not the only factor. The recent decision in Hope Capital v...
14 Dec, 2023 The 12 Tidings of REF Quiz By Brooke McNeil 1. What is crucial for borrowers to assess when considering security offered to a lender? a) Maximum loan amount b) Flexibility needed to...
26 Jul, 2023 Mandate letters – a strict interpretation By Katherine Garner Zoe Miller Mandate letters, or commitment letters, are sent by an arranging bank (an ‘arranger’) to a borrower in syndicated transactions. The...
28 Apr, 2023 Focus on… Sustainability Linked Loans By Katherine Garner Zoe Miller Sustainability linked loans (′SLLs′) are loans where a proportion of the interest rate is linked to the borrower’s ability to meet...
28 Apr, 2023 Appropriation – An Under Used Remedy! By Katherine Garner Zoe Miller Lenders will often take security over a borrower’s shares, which gives them the option to enforce their security through a sale of...
28 Apr, 2023 The SVB Story – a Series of Avoidable Events By Brooke McNeil Markets are still feeling the reverberations from the failure of Silicon Valley Bank (SVB), the second biggest US bank collapse in recent...
28 Oct, 2022 Dealing with distress in REF By Megan Newnham With interest rate and inflation rises, the cost-of-living crisis and forecasts of recession going into 2023, the economic climate is a...
08 Mar, 2021 Development finance - a sustainable future By Maples Teesdale Great to read Richard Whitby at Firethorn's take on the future of development finance. As a REF practice we have seen the growth in...
15 Apr, 2020 REF lenders and borrowers working together through lockdown By Maples Teesdale As we noted last week, in light of the pressures on the real estate sector caused by the Covid-19 outbreak, lenders will need to consider...
14 Jun, 2019 Senior living - is the demand/supply imbalance enough to boost funding for the sector? By Maples Teesdale An interesting article in Real Estate Capital on the senior living sector and how real estate lenders are viewing the opportunity. ...