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Posts Tagged ‘Lenders’

Development lending in the mid-market: “LMA-Lite”

This article will examine how the mid-market in property development finance has adopted a hybrid loan document based on the LMA Real Estate Finance Senior Term Loan (Development), often referred to as “LMA-Lite”, explain how it differs from standard form LMA and provide commentary on how one size does not… Continue reading →

PDR extension brings confusion

by on for Estates Gazette

Making office-to-residential permitted development rights permanent creates fresh uncertainty for lenders and insurers Developers up and down the land were breathing a sigh of relief after the announcement on 13 October 2015 of the government’s intention to extend office-to-residential permitted development rights. Insurers, meanwhile, were not quite so quick to… Continue reading →