Construction & Development Finance
Service overview: Construction and development finance solicitors
- Construction finance is the provision of finance to build or develop property or other construction.
- A development finance transaction will typically include more comprehensive security than a real estate investment and will require more time negotiating security agreements.
- Development finance loans may involve a single lender or several lenders, although syndicated (multiple lender) loans are more common.
- Lenders will expect to take security over key development documents and a lender will want to be able to assign the rights under the contract.
- A key concept in development finance is practical completion – determining when the major work has been completed.
What we do: Construction finance solicitors
Our finance solicitors have considerable experience in advising on commercial property, development and construction finance.
We also understand the importance of making sure your property elements, including any development, are handled correctly and with a commercial mind to guarantee that they run smoothly alongside the financial elements of a transaction.
Our construction and development finance lawyers can assist you with your requirements and walk you through these processes to guarantee a smooth transaction. Some of the typical documents, agreements and services we would help your business with include:
- debentures (including mortgages, fixed and floating charges)
- contractual rights
- charges over bank deposits
- intellectual property
- insurance policies
- plant and machinery
- guarantees
- collateral warranties
A key consideration is to ensure that the building contract is clear on when practical completion has occurred. Practical completion marks the beginning of the defects liability period and will trigger the final account process in JCT contracts. Disputes as to whether practical completion has been achieved are common and all parties should ensure they are properly protected.
Our finance solicitors will also work closely with our corporate, construction law, dispute resolution and tax teams to cover all aspects of your deal, so legal work is seamless for your entire transaction.
Who we help: Builders, lenders, architects, contractors and investors
We regularly give expert legal advice on construction and development finance throughout all stages of a transaction to a wide range of clients, including:
- builders
- lenders
- architects
- contractors
- investors
- finance companies and business development companies
This expert advice includes our considerable experience in advising on credit and facility documents, preparation and negotiation of inter-creditor deeds and the structuring of deals.
Why choose our financial solicitors?
Our construction and development finance solicitors have all been recruited from top 100 UK law firms or from large international businesses. They each have more than 10 years post-qualifying experience. Find out more about our finance solicitors here:
Pricing plans
Our three transparent pricing packages are designed to give you the widest possible access to high-quality legal advice, whatever the size and nature of your business:
City
Straightforward access to senior solicitors at a competitive rate.
An affordable solution for businesses needing one-off legal support. Receive ‘City’ partner-level expertise at a fraction of ‘City’ prices.
Enterprise
Have legal peace of mind for £189 per month with additional support from £99 per hour.
A monthly subscription legal support package specifically designed for start-ups and smaller businesses.
On-Demand
For businesses requiring 60+ hours of support a year, with prices equivalent to £99 per hour.
Fully account managed quarterly subscription service for businesses with more complex legal needs.
What our clients say
We pride ourselves on delivering an excellent service for clients, but don’t just take our word for it.
The team provide great support throughout the funding process, providing straightforward and clear guidance on the issues to be addressed at each stage. The team was always at hand to make sure that that we understood what needed to be done to reach a successful outcome.

They adopted a proactive approach to overcoming issues, and their knowledge of the sector and investors and preparedness to identify novel solutions has proved extremely beneficial.

Harper James swiftly solves problems with a minimum of fuss. I strongly recommend them and they are a pleasure to work with.
