Selling Land for Development

We were pleased to trust Jamie, Will, and the wider Herrington Carmichael team with our group’s three combined loan facilities with a value of circa £7m. They delivered efficient, strategic advice under a compressed timeline, navigating complex transactional hurdles. Jamie and Will worked collaboratively with my fellow directors and I, as well as the broker, to negotiate key milestones. The security documents involved an intricate suite of facility documentation, which they handled with impressive turnaround times, ensuring clarity throughout the process.

At Arose Finance, we’re delighted to have worked with Herrington Carmichael to deliver a tailored development exit finance solution for this client. Like many SME property developers, the client required additional time to realise the value of completed units while refinancing expensive existing debt. With three borrowing entities and a complex security profile, the transaction required carefully structured property finance and close collaboration between broker, lender and solicitors.

Jamie and Will were exceptional throughout. They worked closely with us to navigate the complexities of the portfolio refinancing, bringing a pragmatic, commercial approach and a real commitment to meeting the required completion timeframe. Their responsiveness and attention to detail were instrumental in achieving a strong outcome for the client.

A fantastic result, and I look forward to working with Jamie, Will and the wider Herrington Carmichael team again soon.

The Real Estate team at Herrington Carmichael were excellent in dealing with this transaction right from the initial negotiations. They delivered their expertise in a pragmatic and commercial way emphasising the importance of having a legal team with the relevant industry knowledge and experience in complex renewable energy and infrastructure agreements. They acted efficiently and responsively and maintained a professional approach throughout the transaction particularly when dealing with unexpected requirements and stringent timescales.

Liz Hailey has been my primary point of contact at Herrington Carmichael and has become a trusted adviser to me and my clients. Liz possesses unparalleled legal knowledge and offers a unique approach to issues, thinking outside the box to come up with solutions. The collaborative approach within the business ensures that we have access to a variety of different legal departments offering an end-to-end service. The communication has been a primary factor in my continuing use and recommendation of Liz and HC.

Rachel Duncan, Anna Svensson, Charlotte Keeper, and Jed Temple are working as a team with both extensive and developing skill sets to collectively deliver a valued leasehold acquisition and advisory service to our in-house team of property professionals. Trusted advice and guidance are always available and quick to respond.

A dedicated, commercially minded team at all levels, with direct communication to principals is a real benefit to us.

I deal with many law firms and in recent years I have noticed a 'shift' toward an 'over' emphasis on ensuring boxes are ticked rather than being solution-led. Jamie Lynch and his team struck the right balance and never forgot that the client actually wants the best outcome!

A strong real estate team with London experience in transactions while also located in the regions. Good communication and sufficient cover when anyone in the team is away from the business. Adapts to client requirements and maintains open communication throughout transactions.

Liz Hailey - huge depth of range, knowledge, and experience in the real estate sector. Liz has picked up our requirements very quickly and has accommodated these where needed. Liz explains things in a simple but knowledgeable manner, and we are confident she is acting in the best interests of her client at all times.

They are genuinely engaged and thoughtful people to work with through a variety of transactions. The key from my perspective is that all challenges are put into relevant context with thorough recommendations made.

The breadth of experience across a wide range of challenging assets is absolutely clear. Expectations and time scales are well managed proactively. Picking up the phone to discuss is of key value; thank you.

I have had the pleasure of working with Liz on several complex property purchases, including overseas based companies and legal opinions, commercial leases analysis, building contracts assignments and collateral warranties. On each occasion, Liz has acted promptly, kept me appraised of the progress and demonstrated excellent commercial awareness and professionalism in dealing with client’s solicitors, in order to meet tight completion deadlines. I have no hesitation in recommending Liz for all property related legal matters.