Our work
The team here at MSB advise both lenders and borrowers on all elements of loans where the asset being secured is land or property. Our clients range from well established financial institutions to smaller start up bridging lenders are looking to grow and expand their funding lines and loan books.
Our real estate finance team are highly regarded for assisting their clients in manoeuvring around the obstacles and challenges that come with real estate finance. The team regularly advise on financial products, real estate, construction, insolvency and restructuring, we are able to provide a multi disciplined service to lenders, funders, bridgers and borrowers where our experienced departments are able to work collaboratively to achieve our clients goals.
“MSB has demonstrated passion and a deft understanding of the issues that face our clients and the communities that they emanate from. The firm is always interested to develop its knowledge and is committed to supporting us, wherever possible, to help raise awareness of these issues.”
Understanding the issue
The major selling point of a bridging loan is the fast pace that the lenders are able to process the borrowers application, obtain the necessary valuations and complete the legal work required in order to release funds to the borrower on completion of the loan. Bridging loans are typically for a term of 3-18 months with the borrowers often not requiring a long term facility due to the nature of their plans for the asset being secured.
We understand how crucial the solicitor’s role is within bridging transactions. When acting for the lender we ensure that security being offered has a good and marketable title and that we protect the lenders interests should the borrower fall into financial difficulty and no longer be able to service the loan.
When acting on behalf of our lender client we are responsible for ensuring the accurate drafting of the security documentation, in a bridging loan to a corporate borrower we generally prepare the following documentation:
- Facility letter
- Legal Charge
- Debenture
- Personal Guarantee
When acting for a borrower it is crucial to ensure that we advise the client on the major terms of the loan documentation including items such as default interest or actions that lead to an event of default.
Arrange a consultation:
Our award-winning team provides sector-leading services and advice, guiding our clients through the very best solutions for them. We build long-lasting relationships based on mutual trust, respect and results. Get in touch with our team of experts to arrange a consultation.
Why MSB?
Our real estate finance team are highly regarded for assisting their clients in manoeuvring around the obstacles and challenges that come with real estate finance. The team regularly advise on financial products, real estate, construction, insolvency and restructuring, we are able to provide a multi disciplined service to lenders, funders, bridgers and borrowers where our experienced departments are able to work collaboratively to achieve our clients goals.
Our team provides sector-leading services and advice, guiding our clients through the best solutions for them. We develop life-long relationships built on mutual trust, respect and results.
We pride ourselves on our partner-led approach, which ensures a quality, proactive and cost-effective service to our wide-ranging base of commercial and business clients.
Given our well-established, experienced and growing team, you can be confident that we offer all the resource and expert know-how required to reach the right resolution for you and your business.
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