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Work 020 7628 7576
Fax 0870 608 9390
Leeds, London

Andrew Cowan

Work 020 7880 4350
Devonshires Solicitors LLP

Work Department

Banking and Governance


Andrew is a partner and is our head of social housing. He also leads the banking and governance team.

His team acts for over 200 social housing providers and local authorities in England, Wales and Northern Ireland and as panel solicitors for the Homes and Communities Agency.

Andrew and his team act for funders and over 180 housing associations based over England, Wales and Scotland on their general fundraising and project specific finance (such as PFI and joint ventures).

Andrew has a particular specialism in governance and regulation for social housing, M&A within the social housing sector and joint ventures.

Andrew is a regular contributor in relation to policy issues affecting the social housing sector.  He is a regular speaker on housing finance, group structures and housing strategies. 

Andrew is a trustee of the Theatre Royal Stratford, Swan Mountain Trust and non-executive director of Seymour Street Homes, a subsidiary of British Land PLC.


Articled Hobson Audley; qualified 1989; Trowers & Hamlins 1990-91; Devonshires 1991; partner 1993.




University of East Anglia (1986 LLB Hons).


Football, swimming, cycling, Latin America.

London: Real estate

Social housing: finance

Within: Leading individuals

Andrew Cowan - Devonshires Solicitors LLP

Within: Social housing: finance

At Devonshires Solicitors LLP, ‚Äėthe strength of the team lies in its deep knowledge of the highly regulated environment surrounding social housing‚Äô. For some clients, that expertise makes that the team ‚Äėthe go-to firm for registered providers‚Äô involved in any variety of fund raising exercises, from debt capital markets issuances and private placements, to borrowing activities from funds and local authorities. Capital markets highlights have included Julian Barker¬†advising Martlet Homes on a ¬£400m A+ rated bond issuance, and acting for Aldwyck Housing Group in relation to a ¬£40m private placement. In the bank lending space, a team including Andrew Cowan¬†advised Your Housing Group on seven new and restated facility agreements totalling ¬£457m. Similarly, Barker and Sharon Kirkham¬†assisted Hyde Housing Association with a ¬£760m refinancing transaction, which involved restructuring debt and various swaps with five separate banks. Further, Gary Grigor¬†advised The Riverside Group on two new facilities and one restated facility with HSBC Bank, Svenska Handelsbanken and Barclays Bank totalling ¬£200m. The firm also has an active property charging practice led by Richard Sharpe¬†and Saghar Roya, which acted for L&Q to help secure two separate ¬£500m bond issuances. Chris Drabble¬†specialises in security-related transactions and heads the firm‚Äôs Leeds office.

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Social housing: local authorities and registered providers

Within: Leading individuals

Andrew Cowan - Devonshires Solicitors LLP

Within: Social housing: local authorities and registered providers

Devonshires Solicitors LLP¬†has ‚Äėincredible command of the housing sector‚Äô and specialises in advising housing associations on corporate, real estate and funding matters. The team has been instructed in several high-profile mergers in the housing sector, which included real estate head Neil Toner¬†was part of a team advising London & Quadrant (L&Q) on its ¬£505m merger with Gallagher Estates. Toner also assisted L&Q with its 51% stake acquisition in the Barking Riverside. Also in the development space, James Lyons, Elad Yasdi¬†and Jonathan Jarvis¬†advised Warrington-based Your Housing Group on its proposed joint venture with a Chinese-backed renewable energy group and a Spanish construction company for the multibillion-pound development of 25,000 low-carbon modular homes. Similarly, Jonathan Corris¬†is advising Hyde Group on a ¬£400m housing-led regeneration scheme at Rochester Riverside. Other key contacts include¬†Nick Billingham,¬†Gareth Hall¬†and Andrew Cowan, who have advised clients such as Paragon Community Housing, Asra Housing Association, Amicus Horizon and Veridian on key mergers in the sector. Julie Bradley retired, but Robert Turner¬†and Daniel Moan¬†joined from Dentons¬†and Kingsley Napley LLP, respectively.

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