Development Finance

Legal expertise for all your development finance requirements

Land and development solicitors

Securing finance for your
land & development deal

Securing finance for a site acquisition or for the construction phase of a development is often a vital component of any land/development deal.

We have considerable experience of acting for both funders and housebuilders developers looking to obtain finance. We know what the requirements of the funders will be in relation to site acquisitions, planning agreements and development agreements and we can use our holistic overview of the development cycle to advise both developers and funders alike.

Our expertise

Working with funders
& housebuilders

In addition to the above, we have also acted for a number of funders and have undertaken a detailed review of the developer’s solicitor’s due diligence and transactional documents to ensure that the relevant land constitutes sufficient security for the loan, as well as drafting the Facility Agreement and other finance documents

  • Facility and Loan Agreements

  • Legal Charges

  • Mezzanine and junior funding

  • Collateral Warranties and Consultant Appointments

  • Debentures

  • Step-in Agreements and Security Assignments

  • Property due diligence

Undertaking complex transactions for housebuilders and landowners

Your local real estate solicitor since 1882

Recent highlights

  • Acting for a private funder on a £4m facility on a residential development in Bath

  • Dealing with Homes England on a multi million pound facility for a developer client

  • Acting for a housebuilder on multiple sites with a multi million pound rolling credit facility with a major UK Bank.

Philip Fowler

Very professional service

Very professional service - at a difficult time due to Covid 19.


Jane Weller


Helpful, prompt and efficient


Ms Michelle Fielding

I would definitely recommend Goughs

I definitely would recommend Goughs they were very efficient, very helpful and always informed us of what was happening in the chain.


Ms Kathleen Lucas

Thank you very much for doing a great job

Thank you very much for doing a great job as always, would recommend you for sure for being so efficient and getting the job done as quick as possible.


Very helpful

Very helpful. Advice clear with plenty of time for us to consider all the options before making decisions.


Mr Wood

Very thorough

Very thorough, and we also got forces discount.



Andy Turner | Managing Director | Princeton Homes

Rebecca is professional, efficient and extremely knowledgeable on all aspects of Construction Law.


Tom O'Connor | Managing Director | Redcliffe Homes

Andrew is an experienced, diligent and pragmatic development lawyer.  Highly recommended.


Bath Property Awards 2021

Goughs prides itself on its first-class service, with growing property marketing reach and increasing areas of expertise. Enquiries also escalated by 20%, a commanding showing this year!


Peter Hellyer

I have found Goughs Solicitors in Chippenham & Trowbridge to be fast and very efficient in their services to me, they understand your instruction and get on with it! They are very easy to talk to, which is equally very important to me. They are my first port of call for all legal services.


Your development and finance
questions answered

Well, in a nutshell, finance for a development transaction works by a  developer borrowing money from a lender(s) to allow them to purchase land and the following property development of that land.

Once the development is completed, the building(s) are sold or used as an income source for investment.

The money borrowed is secured by the property and the rights of the developer.

Yes – this is exactly what step-in agreements are designed for. All too often, with large and ultimately expensive, development projects developers go bust which can hinder the completion of the project. In these cases a new lender can step in to ensure the project can still go ahead. 

Ordinarily one party will be required to serve notice to the other party of its intention to serve step-in rights. But don’t worry about these technicalities, that is exactly what Goughs are here for. Get in touch with an expert development finance solicitor today to ensure your project hits completion. 

By using a qualified and experienced real estate solicitor to assist you with sorting out the finances for your development project, you are putting far more safeguards in place than you may realise. 

A land and development lawyer will guide you through the complex planning processes, advise on strategic land issues and construction, and will of course ensure everything is contracted as it should be throughout the process. 

For further guidance on how we can help you and your project get started, contact a member of our team today. 

Video content from site to go here.

Your land & development team

Elli Crosby


Elli initially worked in the Land & Development team as a Plot Sales Conveyancer before starting her training contract in January 2019. She moved back to the team in summer 2019 and recently qualified. Elli deals with all aspects of development work whilst also managing all the team’s Infrastructure projects.

Aimee Glover

Senior Associate

Aimee has been working in development land since 2011 and has acted for a number of national housebuilders. She joined the team in late 2020 and manages our Planning matters whilst also dealing with both strategic land and land acquisition.

Sophie Crawford


Sophie joined the team in December 2020 and works closely with Aimee on strategic land projects as well as dealing with all aspects of development land work.

Andrew Given

Partner and Head of Land & Development

Andrew has been head of the Land & Development team since 2014 and acts for SME Housebuilders, Land Promoters, and Landowners on all aspects of development land.

Your real estate
legal experts


We draw from a wide range of disciplines to support you in keeping your business moving forward.


Goughs have been providing legal services to businesses across the south west since 1882.


We deal with a wide variety of real estate clients so have the expertise to ensure all your needs are dealt with by one team.

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