We are known for our commercial approach that enables us to meet our clients’ goals and complete transactions swiftly whilst also effectively managing risk.
Contact UsSecured Lending
Secured lending can be complex, it is important that you have the right legal assistance by your side.
What Is Secured Lending?
Secured lending refers to borrowing funds against an asset, where the lender holds security over that asset until the loan is repaid in full.
This form of lending is commonly used in real estate finance, business loans, and commercial investments, as it provides lenders with a layer of protection in case of the borrower not being able to repay according to the agreed schedule. Because the loan is secured against an asset, borrowers can typically access better lending terms compared to unsecured loans.
Understanding the legal framework surrounding secured lending is essential for both lenders and borrowers.
Loan agreements must be carefully drafted to outline repayment terms, interest rates, default provisions, and security rights. At BBS Law, our property finance solicitors provide the expertise needed to ensure that all secured lending transactions are legally sound, mitigating potential disputes and financial risks.
What Are Secured Lending Solicitors?
Our secured lending solicitors specialise in the legal aspects of secured finance transactions, ensuring that loan agreements are enforceable, compliant, and protective of clients’ interests.
Whether you are a lender seeking to safeguard your funds or a borrower looking to secure financing, working with a solicitor at BBS Law ensures that every legal requirement is met and that your transaction proceeds smoothly.
Our secured lending solicitors at BBS Law provide comprehensive support throughout the lending process. By working with experienced loan agreement solicitors, lenders and borrowers can enter secured transactions with confidence.
An Example of a Secured Lending Case
A good way of understanding whether you require a secured lending solicitor is to understand a hypothetical case.
Ultimately, if you have never experienced the ins and outs of a legal proceeding, it can be intimidating to understand whether you need to take the legal route for your own protection.
Chances are, you should be seeking the legal advice of a secured lending professional to ensure your documentation is legally sound and binding.
As an example, let’s say we at BBS Law assisted a property developer in securing bridging finance for a large-scale commercial project. The client required fast access to funding, which is typically granted by a bridging loan company and thus, used an existing property portfolio as collateral.
So where would BBS Law’s bridging finance solicitors come in within this instance?
Our real estate finance solicitors would ensure that all security documents, loan agreements, and lender obligations were meticulously reviewed and structured for efficiency.
During the transaction, our legal team would work to identify potential title restrictions that could have delayed the loan disbursement. Should any issues be discovered, we would work diligently to resolve these issues, liaising with lenders and land registry officials.
This proactive approach consistently allows our valued clientele to access the funds within the required timeframe, ensuring their project remains on schedule.
While this is a hypothetical situation, the bottom line is, without careful legal oversight, overlooked details in security documentation or regulatory non-compliance could lead to costly disputes in the future.
At BBS Law, we are committed to providing precise, strategic legal support to protect our clients’ financial interests in secured lending transactions.
As a highly experienced and educated team of financial lawyers, our solicitors act for both lenders and borrowers, giving us useful insights into current property market developments and industry standards on both sides of a deal.
Our clients include major banks, leading bridging lenders, as well as significant borrowers for real estate investment and development.
What a Secured Lending Solicitor Does at BBS Law
Rest assured our secured lending solicitors do everything in their power to make your lending and borrowing process as streamlined as possible.
If you’re unsure what area of legality your dispute or case may fall under, see below for some more insight into what our secured lending solicitors deal with on a daily basis.
Our lawyers are highly experienced in dealing with secured lending against a range of types of property assets. These include:
- Public houses
- Restaurants
- Retail shops
- Office premises
- Commercial and residential development sites
- Houses in multiple occupation (HMOs).
Our team undertakes work in the following areas:
- Buy-to-let loans
- Development finance
- Portfolio loans
- Bridging loans
- Drafting and negotiating security documents
- Personal and corporate guarantees
- Second charge and mezzanine finance
- Intercreditor and loan investment documents.
Ranked in Legal 500
Our inclusion in Legal 500 reflects our commitment to excellence and the exceptional capabilities of our dedicated team and department. The Legal 500 is a respected global legal directory that thoroughly assesses law firms’ capabilities and performance in various practice areas.
Testimonials
Collated independently by Legal 500 research team.
-
‘BBS are highly responsive and client focused. They take a practical approach and offer meaningful advice which assists with commercial decision-making.’
-
‘Avi Barr is focused and commercial. He is a pleasure to work with and goes the extra mile for his clients. He has significant experience in real estate, which is very helpful.’
Residential Loans
Find out here how BBS Law has specialist solicitors that work in Secured Lending and specifically, Residential Loans.
Development Loans
Ready to invest into developing property? Make sure you have your legal matters settled and in order, to ensure a smooth lending process. Trust us at BBS Law to assist you along the way with our secured lending solicitors team.
Commercial Property Loans
Find out how our expert secured lending solicitors can help you with a seamless commercial property loan process.
Overseas Borrowers
At BBS Law our Secured Lending solicitors are here to help those lending and borrowing overseas.
Bridging Loans
At BBS Law, our adept solicitors specialising in bridging loans routinely represent clients seeking short-term financing, which includes bridging loans.
Our Secured Lending Partners
We take the time to get to know our clients and their businesses, and we work collaboratively with them to achieve their goals.
Meet Our Teams
Avi and Jake, the professionalism and diligence demonstrated by the team at BBS Law have been truly remarkable. Your attention to detail and prompt responses have played a pivotal role in navigating us through this complex journey. We are immensely grateful for your outstanding service, and high standard of care and professionalism you have consistently provided.
Paul & Sinead
Worked with Avi and Matthew on many transactions and they never fail to deliver. Their service, knowledge and expertise is 2nd to none but their proactive approach sets them apart. Delighted to work with them time and time again.
Meir
After appointing BBS I was introduced to Kelly and Safiyah who would be looking after my property sale. I was impressed with them every step of the way, they kept me informed, avoided some potential issues and were thoroughly professional. What I like the most was the personable way they dealt with the matter, very attentive and always on hand to move things forward. A real pleasure to deal with thank you both.
Sean
Avi, Safiyah & Kelly have dealt with a number of transactions for me over the past few years. Their attention to detail is incredible. They are a hard working team who will ensure you get the deal done without any fuss. Emails get replied to, matters get dealt with swiftly and i was kept in the loop the whole time. If you would like to get the deal done in good time and with professionalism then look no further! I would highly recommend them and look forward to doing more business with them all in the near future.
Josh
We are delighted to be working with BBS Law on our Bridging Loans. Avi Barr and his team provide a highly efficient service which is appreciated by us and our borrowers. Whether we are working on single buy to let properties or more complex loan scenarios we are always confident of the BBS team's ability to deliver a result focussed on our requirements and objectives.
Anthony Bodenstein, Founder & Managing Partner of Whitehall Capital
Secured Lending Case Studies
Strategic Freehold Purchase of Multi-Unit Residential Property
Overview BBS Law has successfully represented a private property investor in the acquisition of a substantial freehold residential property comprising 45 flats. This complex transaction showcased our expertise in property law, strategic deal structuring, and efficient execution under tight deadlines….
BBS Law Advises Work Avenue on New Manchester Workspace
BBS Law is proud to announce its role in advising Work Avenue, a leading provider of business support and shared workspaces, on the lease negotiation for their new Manchester location. This expansion marks a significant milestone for Work Avenue as…
The Hoo: A Complex £11m Refinance for a Grade II Listed Property Development
BBS Law, represented by partner Avi Barr and Managing Associate Leona Ho, successfully advised on a complex £11 million refinance deal for ‘The Hoo’, a Grade II listed property in Hampstead’s Belsize Park. The successful refinance will enable the development…
Secured Lending News
SCROLL FOR MORE