Ca s e S tu d y T w o The t eam ac t ed fo r a clien t on a £ 2 , 517 , 000 loan t o a medi u m - s cale pr o p e rty de v elo p men t com p an y t o finance t he pur cha s e of a SPV com p an y t ha t o w ned a de v elo p men t s i t e and t he su b s e qu en t de v elo p men t of t he s i t e in t o a block of s e v en high - end a p a rt men ts. The w o r k in v ol v ed d r a w ing up t he de v elo p men t loan ag r eemen t and s ec ur i ty doc u men ts ( incl u ding an in t e r c r edi t o r ag r eemen t w i t h an e x i st ing f u nde r of t he bo rr o w e r ), r e v ie w ing t he SPV ’ s t i t le t o t he s i t e , r e p o rt ing t o t he clien t on t i t le , ad v i s ing t he clien t on t he o ut come of o ur d u e diligence , com p le t ing d r a w do w n of t he loan and a tt ending t o t he r egi str a t ion of t he s ec ur i ty doc u men ts a t Com p anie s Ho us e and t he Land Regi stry.
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