Lawrence Stephens’ Real Estate Finance team is delighted to announce the successful completion of a substantial bridging loan for client Greymax Capital.

The loan enabled Greymax Capital to fund the share acquisition of a company holding a substantial industrial estate across multiple land titles. At £6,500,000, this represents the largest loan we have completed for the client to date.

The transaction was notably complex, involving a significant number of property titles, numerous occupational interests, and detailed consideration of the corporate aspects arising from the share acquisition structure. Our team’s expertise in both real estate and corporate finance was crucial in navigating these complexities and delivering a smooth outcome.

Greymax capital is widely recognised for delivering its relationship-led approach to bridging finance. Clients deal directly with the principals for fast, clear decision-making.

The transaction was led by Director David Freedman, with key support from Director Ausra Triantafyllidou.

David Freedman commented:

“We are pleased to have delivered a strong outcome through close collaboration across all parties. With this bridging loan, Greymax Capital is able to deliver a significant result for its client through a complex share acquisition.”

Alan Margolis of Greymax Capital commented:

“Variety is the spice of bridging loans, and this slow burn complex deal was very different to the typical speedy, residential security property, Greymax transaction, never mind that for the first time we funded 100% of the Day One purchase price. Working with David Freedman was its usual pleasure.”

You can read more about our Real Estate Finance team here.

Lawrence Stephens is pleased to announce that we have been appointed to Aspen Bridging’s legal panel.

Aspen Bridging is a specialist lender known for delivering expert, fast, and dependable service. As a family-run business, Aspen is deeply committed to building long-term relationships and prides itself on being a reliable partner through every market condition.

Jack Coombs, Managing Director at Aspen, said: “We are very pleased to be working with Lawrence Stephens and are confident, especially when combined with our No Valuation product, that we are providing borrowers and brokers with not only a competitive offering, but one that can credibly be regarded as best-in-class.”

Ann Ebberson, Head of Real Estate Finance at Lawrence Stephens commented: “We are delighted to be appointed to the legal panel and to support Aspen deliver their services. Our team looks forward to working collaboratively to provide commercially focused, responsive legal solutions that support both lenders and borrowers. Whether it’s a refinance, purchase, or refurbishment, we are committed to ensuring a smooth and efficient experience for all parties involved.”

For more information on our Real Estate Finance and Banking solutions please click here.

Lawrence Stephens’ Real Estate Finance team are delighted to have completed two loan transactions for Castle Trust Bank after the recent appointment to their legal panel.

These deals mark the beginning of a strong and collaborative relationship with Castle Trust, and the team responded to the client’s needs with dedication and efficiency under tight deadlines. 

Castle Trust offers a range of specialist bridging finance solutions, including standard bridging loans as well as light and heavy refurbishments, and their Buy to Let product provides longer-term funding with competitive fixed rates. Following significant increases in business volumes over the last nine months, Castle Trust expanded its legal panel to meet growing demand, appointing Lawrence Stephens as part of this initiative. 

Loan 1

The first loan involved an amount of £1,120,000 for business purposes and refinancing.

Acting on a dual representation basis for both the borrower and the bank, the team worked to a tight deadline to secure an exclusive rate for the client.

The borrower, a portfolio landlord, used the funds in relation to property comprising two House in Multiple Occupation (HMOs) in Buckinghamshire. In order to meet the tight deadline and secure the exclusive rate for the client, the first loan was completed within approximately two weeks of instruction, demonstrating the team’s ability to deliver under pressure and within strict time constraints.

Loan 2

The second transaction involved a £740,000 refinance out of an existing mortgage. The team acted again on a dual representation basis, supporting both the bank and the borrower, who was a portfolio landlord refinancing a freehold house.

As the borrower required an expedited process, our team provided timely and efficient support, responding to the urgency of the transaction whilst also remaining focused on delivering a smooth and effective outcome for the client.

The team, led by Director and Head of Real Estate Finance Ann Ebberson and Director Laura Brown, was also supported by Senior Associate Zahra Shah. 

Ann Ebberson commented on the completed loans, adding: “We are delighted to have completed these loans for Castle Trust Bank. This marks the beginning of a strong collaborative relationship and displays our commitment to delivering high-standard expertise under tight deadlines as their trusted legal advisers. We are proud to support Castle Trust Bank and look forward to supporting their continued growth.”

Anna Lewis from Castle Trust Bank added: “The responsiveness, attention to detail, and ability to meet challenging deadlines from the Lawrence Stephens team have made them a valuable addition to our legal panel. These initial transactions were handled with efficiency and professionalism, and we’re confident this marks the beginning of a strong and productive partnership.”

For more information on our services and expertise in the Real Estate Finance sector, please click here.