A deeper understanding of commercial property finance
‘In the current economic climate you’ll need all the help you can get to find affordable finance’
Raising commercial property finance has never been tougher. But even in the current market funding is still possible. Success will require not only a well-defined business case, but also inside knowledge of all the funding options. This understanding can mean the difference between success and failure.
Deciding on the best commercial property transactions
Your options for commercial property transactions will vary, but most projects are funded by one of the following:
- Securing a bank loan
We’ll work with you to anticipate the bank’s requirements so you can get your hands on the money and get your project underway. Our experience of helping clients secure bank loans means you’re more likely to get the funding you want within the required timescale. We can also advise you about securing business debt against the matrimonial home.
- Private funding
Secure funding through a private investor is still a good finance option, but it’s vital that you understand the implications of the finance terms and the security you’ll need to give. Our team has extensive experience of advising commercial property clients on securing private funding.
- Pension funding
Commercial and agricultural property transactions are increasingly funded through a secured commercial loan from your own or a third party SIPP or SSAS. We’ve extensive experience of pension related funding and can help simplify the process for you.
- Guaranteeing loans
Depending on the security you can offer, your funder may look for third party guarantees. These can incur risks and you need to understand your liabilities. We’ll make sure your risk is minimised and you’re fully aware of your current and future liabilities.
Whether you choose a simple or more complex option for your commercial property finance, we can guide you through the regulations quickly so you can get on with your project.
“What the team is known for: Accomplished real estate team with experience working on residential development for both landowners and developers. Also often advises charities, healthcare groups and retail clients on their property needs. Strengths (Quotes mainly from clients): “They are easy to approach and fairly priced.” “Withy King does not drop the ball or let a file collect dust.” Work highlights Continued to advise Bath Rugby in relation to the club’s large-scale redevelopment of its playing facilities. Acting for Balfour Beatty Group on the pre-letting and sale of part of a mixed-use development in Cheswick Village, Bristol. The team also advised on the legal structure for the sale of the residential units. Notable practitioners Paul Daniels (Band 2) is the head of the practice and is, according to clients, “strong in all areas of commercial real estate.” He is highly experienced in development schemes, as well as property finance issues. He regularly advises pension schemes on their investment transactions.” Chambers 2017 South West
“What the team is known for: Notable for its broad client base including those in the retail, leisure, communications and education sectors. Regularly instructed by landowners to advise on significant development matters, including promotion and option agreements. Equally well equipped to handle complex lease work and secured lending. Strengths (Quotes mainly from clients): “They are professional, responsive and knowledgeable.” Work highlights Advised HSBC on the refinancing of various facilities initially over £1 million. Assisted Excalibur Communications with the lease of a high-profile property in Swindon for approximately £187,000 per year. Notable practitioners: Greg Callard (Associate to watch) often advises clients in the restaurant and retail industries. He is well versed in the intricacies of property finance and secured lending, regularly assisting some of the most established banking institutions with complex matters.” Chambers 2017 Thames Valley
“Royds Withy King’s ‘knowledgeable’ five-partner team is led by Paul Daniels and ‘provides commercial advice’. Edward Cooke is ‘an expert at negotiating complex land deals’. Peter Foskett is also recommended.” Legal 500 2016 South West
“At Royds Withy King, Paul Daniels’ group has niche expertise in charities work, and also advises on residential development, corporate sales and landlord and tenant matters. Andrew Chalk and senior associate Julie Acock are the other key figures.” Legal 500 2016 South East