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Secured lending support
Banks and funding institutions want to make sure their investments are as secure and risk free as possible. They rely on professional advisers whom they trust to give advice which will allow them to act and invest with confidence knowing …
Banks and funding institutions want to make sure their investments are as secure and risk free as possible. They rely on professional advisers whom they trust to give advice which will allow them to act and invest with confidence knowing that their investment risk is minimal.
Like Royds Withy King, Clydesdale Bank has a dedicated team of specialists that works closely to support agricultural and rural businesses. We have worked for Clydesdale Bank as a Panel firm for several years providing secured lending advice in connection with investment loans to farmers and landowners, which are commonly secured against the farm or estate.
Clydesdale Bank trust Royds Withy King to provide robust due diligence for their secured lending. Typically we will provide advice on large estates where we examine each area of the farm or estate, including the property issues, such as complex titles, but we also ensure that the business structure is sound and efficient. It’s vital that the arrangements that are to be put in place between the landowners and the business structure protect the Bank’s future position.
Our due diligence goes beyond the property and commercial issues. We scrutinise all of the issues which could potentially increase the Bank’s exposure on any secured lending, such as:
- The impact of temporary and migrant workers;
- planning issues;
- option agreements and overage provisions as the more traditional sporting rights;
- residential tenancy issues, including Assured Shortholds and Assured Shorthold Tenancy Agreements;
- Agricultural Holding Act tenancies and Farm Business Tenancies;
- Planned diversification projects.
Together Clydesdale Bank and Royds Withy King work to help agricultural and rural businesses achieve their ambitions.
Contact us today to find out how our lawyers can help you or your business
0800 923 2073 Email us