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By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

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General Private Client UpdatesGeneral Commercial UpdatesConstruction UpdatesCourt of Protection UpdatesAgriculture & Rural Affairs UpdatesCommercial Property UpdatesEmployment UpdatesDispute Resolution UpdatesCorporate & Commercial UpdatesCharities & Not for Profit UpdatesFood & Drink UpdatesEducation UpdatesTransport & Logistics UpdatesFamily Business & Owner Managed Businesses Updates

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  • Overview

    Thomson Snell & Passmore were recently instructed to act for a lender in connection with a loan of £24,000,000 to be with a gross development value of £43,000,000.

    The loan facility was being provided to a reputable developer in order to refinance an existing site and create a mixed use scheme of 239 residential homes and office space. The transaction was particularly complex with the developer providing prescribed highways works to serve the locality as part payment of the community infrastructure levy due to the local authority.

    The team advised on all aspects of the due diligence process and security documentation as well as considering the planning permission and the provision of affordable housing and financial contributions pursuant to the section 106 agreement with the local authority. On thanking the team for a successful completion our client said "Many thanks for all your help in getting this one over the line. It’s definitely an interest scheme that should keep us occupied for the next 3 years." We look forward to receiving updates once the build gets underway.

  • Related Services

    Commercial Property & Development

    Our Commercial Property & Development team give commercially orientated advice and ensure a speedily concluded transaction whether you are purchasing, selling or leasing commercial property.

Get In Touch

By submitting an enquiry through 'get in touch' your data will only be used to contact you regarding your enquiry. If you would like to receive newsletters from Thomson Snell & Passmore please use the separate form below.

Newsletter Sign Up

General Private Client UpdatesGeneral Commercial UpdatesConstruction UpdatesCourt of Protection UpdatesAgriculture & Rural Affairs UpdatesCommercial Property UpdatesEmployment UpdatesDispute Resolution UpdatesCorporate & Commercial UpdatesCharities & Not for Profit UpdatesFood & Drink UpdatesEducation UpdatesTransport & Logistics UpdatesFamily Business & Owner Managed Businesses Updates

I agree to be ‘opted in’ to receive Thomson Snell & Passmore newsletters, event invitations and other publications that are related to the subject matter of this event or my industry sector. I understand that this means they will send me these communications by email

I agree

If you want to update what types of information you want to receive from us, or if you wish to stop receiving these communications, you can do so ay any time using the following link: or emailing us at .

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Jargon Buster