The Real Estate team, led by Partner Dean Bickford and Banking and Finance Partner, Alex Illingworth complete secured lending for Santander.
The FSP team advised Santander on further investment lending for a large corporate property investor, a deal worth £15M extending the security portfolio to 16 commercial multi-let properties.
The deal involved ensuring the lender’s requirements were satisfied across the 9 borrowers’ and the 6 separate obligors, to ensure that the refinance and draw down was successfully completed to the borrowers’ timescale.