Partners commercial property and banking Solicitors advise in relation to
commercial property funding and security for lenders.
Our team will
work with you from the inception of any property related lending project to
ensure the legal and security aspects of the deal are completely
water-tight. We will assist with the
initial scoping and due diligence necessary to assess the risks and potential
returns to be gained from a commercial lending arrangement.
As ours is a
full-service law firm, our property and commercial law teams will coordinate
with our other law specialities, including taxation, environmental law, and
contract law to provide a complete picture of any risks you as a lender will
face, and how best to mitigate them. In
doing so, we will provide considerable added-value to your projects by seeking
to look at the wider picture of the transaction.
Our team are
highly adept at undertaking the perfection of security, whether through a legal
mortgage, equitable mortgage, fixed charge, or floating charge, whether the land
is registered or unregistered.
What are the common forms of property security in Ireland?
The following forms of security are commonly taken over property in
mortgage – Under the Land and
Conveyancing Law Reform Act 2009 (2009 Act), legal mortgages provide security
over property irrespective of whether the land is registered or unregistered.
mortgage – Whereby a lender is secured by taking possession of all the original
title documents of the property that serves as security for the mortgage.
charge – A fixed charge is a charge on the
specific property and typically involves the vesting of a legal interest in the
chargee at the time of the transaction.
charge – Security
interest over a fund of changing assets (e.g. stock or machinery) – this is a
relatively rare form of property security.
Why Choose Lavelle Partners?
- Our Banking and Financial
Services Department, headed by Managing Partner, Michael Lavelle, and
Partner, Ciarán Leavy, has a wealth of practical experience in relation to property
finance and secured lending in Ireland.
We are business people at heart and will work tirelessly to ensure your
business interests are represented and goals achieved.
- We have successfully assisted many large
corporate property lenders with all legal aspects of their key strategic
- We have existing relationships with a network of
property development and construction firms and corporate lenders; our team can
help bridge the gap between needs and capabilities enabling the formation of
new beneficial commercial partnerships.
- We are personally invested in our clients’
success. As such, we help you tackle
problems and capitalise on opportunities swiftly. If a conventional solution does not achieve
your objectives, we will challenge it, disrupting conventional ways of thinking
to create a result that works for you.
- Our team conforms to the latest standards in data
protection, confidentiality, cyber-security, and financial fraud – as such, you
can be assured your matter is in the safest possible hands.
For further information on how we can help you with
property finance and secured lending matters in Ireland and the EU, please
contact Lavelle Partners in confidence on (01) 644 5800.