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.

Digmore Sid

Excellent service

I engaged the services of Goughs Solicitors in Trowbridge, in particular Ailie Peacock, to act on my behalf for the sale of my house. Ailie was always clear with her advice, acted in a timely manor and answered any questions I had almost immediately. She was very proactive in dealing with the other parties involved in a slightly convoluted chain.

Ailie also managed a very late request from our buyers with calm efficiency and the utmost professionalism. The end result was a smooth sale and completion, with remarkably little stress on our part. I would not hesitate from using them again.

2021-02-27

Margaret Wilson

Clear concise advice

Quick response to e-mails or phone calls. Will certainly use again in the near future. Clear concise advice patiently given!

2021-03-09

Mr Ian Liddle

Excellent service

Excellent service as usual.

2021-04-01

Alan

Superb once again.

Superb once again. Goughs provides outstanding service... professional in getting the job done and conducted with grace and care. Thank you Goughs!

2021-04-01

Ashley Stone

Rhianna Cole

The solicitor I dealt with at Goughs, Rhianna Cole, was an absolute star, I cannot fault her in any way at all. She made everything in the situation I was in so easy to understand, and she guided me through an extremely stressful time, with extreme professionalism, yet a very personal and sensitive touch. Can't big them up enough.

HIGHLY RECOMMENDED.

2021-04-01

Matt Saunders

Made first-time buying a (relatively) simple process!

Sophie was very attentive and responsive and understood the need to act quickly in regard to our purchase process. She was diligent with the paperwork and was very easy to talk to and clear at explaining what was required in terms of action from our side and from the seller.

2021-04-08

Testimonials

Andy Turner | Managing Director | Princeton Homes

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

2021-03-03

Tom O'Connor | Managing Director | Redcliffe Homes

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

2021-01-12

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!

2021-03-20

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.

2021-02-14

Your land & development team

Elli Crosby

Solicitor

After joining the firm in 2017 Elli qualified as a solicitor in January 2021. Elli deals with all aspects of housebuilding, in particular acting for both housebuilders and landowners in relation to the purchase and disposal of land for residential development.  

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

Solicitor

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

Knowledge

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

Heritage

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

Experience

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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