Banking and finance in North West

Addleshaw Goddard

Praised for its ‘expert knowledge of the market’, the team at Addleshaw Goddard stands out for its array of in-depth specialisms; it acts nationally and internationally for high-profile lenders and borrowers. Practice head Martin O’Shea draws on over two decades of experience in the local market and Andrew Maskill leads the asset finance group, while Simon Prendergast advises on high-profile asset-based lending transactions. Richard Oman, who focuses on corporate lending and leveraged acquisition finance work, is another key name in the team, as is experienced associate Ben Edwards and Katie Ridehalgh, who specialises in real estate finance mandates. Legal director Sarah Jay joined the team from Pinsent Masons LLP in early 2021.

Practice head(s):

Martin O’Shea

Other key lawyers:

Richard Oman; Andrew Maskill; Simon Prendergast; Katie Ridehalgh; Ben Edwards; Jessica Burgess; Sarah Jay


‘Addleshaws have market leading expertise in the small / mid-ticket asset finance market. Andrew Maskill is the best in-house lawyer in private practice! Experienced, with commercial risk appreciation and technically solid.’

‘Andrew Maskill is always available and provides market leading experience and service on transactional matters.’

‘Their in depth knowledge and understanding of the client requirements is a real strength. There is a broad offering of expertise which means Addleshaws can act as a one stop shop for legal advice.’

‘Really proactive, driven team who are very capable at handling complex matters.’

‘Ben Edwards – exceptional client service and technical knowledge. Jessica Burgess – strong associate, commercial and responsive.’

‘Team led by Simon Prendergast is incredibly knowledgeable, collaborative, commercial and experienced. I have worked with Simon for many years in the asset based lending market and find him and his team a huge support.’

‘The AG team has expert knowledge of the market, the technical legal knowledge that is expected of a large law firm and will always be able to put a large team on a deal, if needed.’

‘Martin O’Shea – extremely experienced; always very receptive to calls / queries even when not billing for the advice. Katie Ridehalgh – very specific technical expertise and my go-to person in the industry for advice which I can fully rely on.’

Key clients

Tosca Debt Capital LLP

JD Sport Fashion plc Group plc

The HSBC group of companies (including HSBC UK Bank plc, HSBC Equipment Finance (UK) Limited and HSBC Invoice Finance (UK) Limited

Santander UK plc

Co-operative Group Limited

Spirax-Sarco Engineering plc

McBride plc

Appreciate Group PLC

PZ Cussons plc

Work highlights

  • Advised Liverpool City Region Combined Authority (LCRCA) on the provision of a loan facility of £34m to Liverpool Airport to provide stability for the Airport during the Covid-19 recovery period.
  • Acted for Spirax-Sarco Engineering plc on its new debt facilities totalling in aggregate approximately £500m during lockdown.
  • Advised Barclays and Santander in connection with revolving facilities to

DLA Piper

DLA Piper regularly handles complex and high-value debt deals, tapping into its international network on cross-jurisdictional work. Recently, the team has supported corporate clients and lenders on establishing and accessing crucial Covid-19 rescue funding. Practice head Joseph Frew focuses on real estate finance work and co-leads the firm’s national asset-based lending team, supported by specialised associate Alastair Carruthers. Debt finance and credit fund lawyer Matthew Christmas stands out for his private credit fund expertise, supported by associate Charles WeemsRebecca Williams, who has strength in asset finance arrangements, is praised as ‘attentive and responsive’.

Practice head(s):

Joseph Frew

Other key lawyers:

Matthew Christmas; Rebecca Williams; Alastair Carruthers; Charles Weems; Sidrah Arif


‘Joe Frew is our main contact at DLA and he coordinates all aspects of the financial side of our transactions, liaising with his property colleagues as appropriate to give my firm seamless support. We work on quite complex mezzanine finance development transactions and Joe has the ability to grasp intricate concepts and draft clauses to protect our position both with the borrower’s lawyers and also the lawyers of the funder providing senior debt facilities.’

‘Alastair Carruthers stood out as dedicated, commercial and fully on top of transaction and all its moving parts.’

‘My go-to individual is Rebecca Williams. I couldn’t ask for a more attentive and responsive lawyer to get deals across the line. DLA Piper also has the depth of resources in asset finance, and more generally as a major international operation to meet deadlines.’

‘I’ve worked with DLA for many years focusing on their asset based lending expertise. I find the partners and their teams exceptionally knowledgeable, helpful, commercial and sensible in their approach. They work collaboratively with us and do not take a opposing stance just for the sake of it. They are true professionals.’

‘They give you their time and their views, feel able to challenge where necessary but never make you feel inadequate.’

‘The practice have a good understanding of our documents as they do all of our banking for loans. They give helpful market information also and give excellent service. They always answer small questions very promptly.’

‘The individuals are a pleasure to deal with. Deal mainly with Matthew Christmas and Alastair Carruthers. Occasionally I have had an unreasonable rush job and they have been able to complete this for me unbelievably quickly. They are both very hard working and effective.’

‘Matt Christmas –  excellent advice, always available, leads from the front (ie doesn’t overly delegate), a trusted adviser.’

Key clients

Tosca Debt Capital

National Westminster Bank plc


Permira Debt Managers

Pemberton Capital

Lloyds Bank

AO World Plc

Biffa Plc

Close Brothers

ABN Amro

Maslow Capital

Greater Manchester Combined Authority

Work highlights

  • Advised HSBC and Nat West on £50m of CLBILS facilities and £100m of RCF facilities to provide urgent liquidity to Covid-impacted N Brown Group plc.
  • Represented a syndicate of lenders on £115m of facilities provided to Scapa Group plc.
  • Assisted British Steel to implement a £50m ABL facility to provide working capital.

Pinsent Masons LLP

Pinsent Masons LLP's areas of expertise include corporate lending work, public sector lending issues and real estate finance matters; the team acts for major banks, wealth management clients and private equity firms as well as public sector clients. Experienced lawyer Matthew Morgan is at the helm, with a particular strength in real estate finance, corporate finance and acquisition finance mandates. Samantha Rollason focuses on the restructuring of UK and international real estate transactions and funds, while Tim Fearn specialises in corporate finance, acquisition finance and asset-based lending work.

Practice head(s):

Matthew Morgan

Other key lawyers:

Samantha Rollason; Tim Fearn; Andrew Kirkham


‘A very approachable team who give practical and efficient advice. Always available to take calls or if not they return the call within the day. The team work very hard to get the deal done-very co-operative and they deliver.’

‘Andy Kirkham – approachable, knowledgeable and practical. Very thorough and very good.’

Key clients


The Royal Bank of Scotland plc

Crosslane Property Group

Permira Debt Capital

Tyman plc

PJ Livesey Group Limited

N M Rothschild & Sons Limited

European Metal Recycling Limited

Rothschild & Co Wealth Management UK Limited

Clydesdale Yorkshire Bank

Bank of Ireland

Santander Bank PLC

Work highlights

  • Acting for a group of lenders on a £250m facility to Bodycote plc.
  • Acting for a group of lenders on a £300m facility to Assura plc.
  • Acting for Santander on its £15m facility to Appreciate Group plc.

Eversheds Sutherland (International) LLP

With a strong corporate borrower client base and a place on the panels of many clearing banks, Eversheds Sutherland (International) LLP has an active and varied practice. The team can draw on the firm's network of international offices on cross-border matters, as well as specific sector expertise for renewable energy finance work. Jason Wurzal leads the team, acting for clients on revolving credit facilities, high-profile transactions and refinancing matters. ‘High-quality lawyerTaslima Salam is head of the firm’s national real estate finance practice across the regions.

Practice head(s):

Jason Wurzal

Other key lawyers:

Taslima Salam; Hannah McAdam


‘I mainly work with Taslima Salam – high-quality lawyer that is easy to work with, responsive and provides good advice.’

Key clients

Perwyn LLP

Epwin Group plc

Qualtex UK Limited

Globus (Shetland) Limited

Augustus Regis Limited

Romaco Limited

SimplyBiz Group plc

Advanced Medical Solutions Group plc

Charles Street Commercial Investments Limited

Barchester Healthcare Limited

Peel Media Limited

Footasylum plc

Cadogan Estates Limited

UC Group

Santander UK plc

Aeriance Investments

Triodos Bank N.V.

Barclays Bank plc



Christies International plc

Marshall of Cambridge

Begbies plc

Lookers plc

Next plc

N Brown plc

Marshalls plc

Renold plc


The Royal Bank of Scotland plc

Holidaybreak Ltd

API Group Plc

Topps Tiles plc

Morses Club plc

LNT Group Limited

Maslow Capital

Zen Internet Limited

Lakeland Limited

Wathegar 2 Limited

Winsford Devco LLP (part of Kier)

Augusta Securities

FS Wind Limited


Valero Energy Ltd

Beech Developments Limited

Venus Healthcare Limited

Metro Bank plc

Work highlights

  • Acted for N Brown Group plc on £100m refinancing as part of a £100m equity raise.
  • Advised Perwyn on the fund facilities relating to the acquisition of Agilitas IT Solutions.
  • Acted for Andium Homes on £150m Revolving Credit Facility.

Hill Dickinson LLP

With a presence in both Manchester and Liverpool, Hill Dickinson LLP’s team acts for a broad array of clients and has been appointed to a significant number of bank panels. At the helm of the banking and finance group is Liverpool-based Richard Capper, who draws on two decades of experience and specialises in banking transactions. The Manchester team is co-led by Chris Johnston, who is an expert in real estate finance, and Alasdair Mackinnon, who works with mainstream as well as secondary and alternative lenders and cooperates closely with the Manchester-based corporate team on transactional work.

Practice head(s):

Richard Capper; Chris Johnston; Alasdair Mackinnon

Other key lawyers:

Deepak Purushothaman; Helen Penfold

Key clients


Nat West Group (including Coutts and Ulster Bank)

Lloyds Bank PLC

Johnsons Service Group PLC

Stobart Group PLC

Cynergy Bank Limited


Arbuthnot Latham & Co. Limited

Downing Group

Sinclair Pharma PLC

Allied Irish Banks PLC

Trafford Borough Council

Santander UK PLC

Bibby Financial Services Limited

Work highlights

  • Acted for Stobart Group on all aspects of the restructuring of its £120m facilities with Lloyds Bank plc and AIB Group (UK) plc.
  • Acted for panel client National Westminster Bank plc on all aspects of the £18.2m financing for Exeter Rugby Group of the development of a Courtyard by Marriot Hotel adjacent to its stadium in Exeter.
  • Acted for new client Arbuthnot Latham in relation to a £33.75m facility made available to LAC Property Ltd to refinance a large portfolio of residential properties in London.

Shoosmiths LLP

Liz Sweeney leads the Shoosmiths LLP‘s banking and finance team, which stands out for its strength in big-ticket real estate financings and its involvement in high-value cross-border matters. Sweeny focuses on real estate finance work and advises on matters ranging from acquisition financings to corporate lending issues. Debra Cooper, who joined from Squire Patton Boggs in June 2020, is a key name to watch, especially in the real estate finance space. Tim McNamara has recently acted for clients in Covid-related support financing matters.

Practice head(s):

Liz Sweeney

Other key lawyers:

Debra Cooper; Tim McNamara


‘Debra Cooper, very efficient and reliable, gets things done on time.’

‘Personal approach to understand your business and working together collectively to reach the overall goal.’

Good communication & collaboration – good technology.

Key clients

The Royal Bank of Scotland International Limited T/A NatWest International

Bennett Jones LLP

Lloyds Bank plc

Patrick Properties Group Limited

Greater Manchester Housing

Select Property Group

Work highlights

  • Acted for The Royal Bank of Scotland International Limited T/A NatWest International and National Westminster Bank Plc in relation to a £500m revolving credit facility to Her Majesty’s Government of Gibraltar to assist with the stability of the Gibraltar economy following the Covid pandemic as well as other capital expenditure and investments.
  • Provided English law advice to Bennett Jones LLP as lead counsel in connection with 10.0% Second Lien PIK Toggle Notes due 2027 issued by Neptune Acquisition Inc. to Canso Investment Counsel Limited and PNG Partners Inc. for the purpose of the acquisition of MDA, a group of space technology companies across Canada and the UK (sponsored by Northern Private Capital).
  • Acted for Lloyds Bank plc on the provision of a £27m investment facility to Liverpool Edge (Hardman Street) Limited to refinance student accommodation which is part of the Liverpool John Moores University campus at Hardman Street in Liverpool.

Squire Patton Boggs

A key strength of the ‘pragmatic team’ at Squire Patton Boggs lies in real estate finance work, while asset-based lending, corporate lending and leveraged finance work are additional areas of focus. The group frequently acts for private equity clients and is increasingly active in the public sector, supporting local authorities as well as other funders on large projects. Claire Shepherd leads the group, advising lenders and borrowers on all aspects of commercial lending, while key lawyer Matthew Ingram is also singled out. The team was strengthened with the arrival of associate Michael Atherton who rejoined the team from JMW Solicitors LLP in December 2020.

Practice head(s):

Claire Shepherd

Other key lawyers:

Matthew Ingram; Graham Ball; Michael Atherton


‘High-quality advice from a regionally-focused firm with international reach.’

‘Prompt and pragmatic.’

‘Claire is an extremely intelligent, proactive, incisive and effective lawyer. She is my ‘go to’ banking lawyer in the North West region. She is smart, personable and humorous. She has excellent commercial aptitude and she distils complex legal issues in concise and effective language that allows me to make important legal decisions with confidence.’

‘Claire Shepherd is our main partner contact in Manchester. We value her in depth knowledge of our portfolio and procedures together with her common sense and practical approach to getting things done.’

‘The practice is knowledgeable and service orientated/partner led. Partners lead the conversations and are solution orientated, able to juggle workloads to ensure timelines are met. The partner we deal with is able to smoothly manage transactions/negotiations in a positive/constructive manner, easily able to put egos aside.’

Key clients

OakNorth Bank PLC

Praetura Commercial Finance Limited

The Royal Bank of Scotland plc/National Westminster Bank PLC/The Royal Bank of Scotland International Limited

Greater Manchester Combined Authority

Lloyds Bank PLC

Yorkshire Bank / Clydesdale Bank

Polypipe Group PLC

Bank Leumi UK PLC

Stewart Milne Group

Assetz SME Capital Limited

ECI Partners LLP

Allied Irish Banks, p.l.c

Work highlights

  • Advised Clydesdale Bank PLC as the senior funder on the senior development and investment facilities to fund the development of a care home in Leeds.
  • Advised Polypipe Group PLC on its revolving credit facilities, the establishment of a £100m Euro-commercial paper programme and a cash box placing.
  • Advised Santander UK plc on its senior facilities to LTE Group to transform LTE Group’s further and higher education estate, which includes the construction of a brand new Centre of Excellence for the Creative and Digital Industries in Manchester City Centre and the regeneration of its Openshaw Campus.

Brabners LLP

Brabners LLP stands out for its strength in housing finance work, acting for a large number of registered housing providers and undertaking high-value housing finance transactions. The team also has strong relationships with a variety of lenders including clearing banks, alternative and secondary lenders, debt funds and private equity investors. Andrew O’Mahony leads the practice from Liverpool, and Richard Cowan, a non-contentious banking and finance specialist, is based in Manchester. Legal director Helen Burns leads the firm-wide real estate finance team.

Practice head(s):

Andrew O’Mahony

Other key lawyers:

Richard Cowan; Helen Burns


‘Readily available to provide assistance as required, having a local office helps to discuss cases face to face and having a dedicated team covering our sector provides the necessary expertise.’

‘Good understanding of our requirements and knowledgeable about the sector.’

‘I have dealt with Richard Cowan on a number of transactions and I really value his partner-led service and attention to detail. He and his team have always been quick to respond and complete transactions in a timely manner.’

‘Brabners will go the extra mile to translate complex legal language into a narrative more understandable by non legal experts. They go out of their way to coordinate approaches with other interested parties.’

Key clients

National Westminster Bank plc

Royal Bank of Scotland plc

Yorkshire Bank

Arbuthnot Latham & Co

Santander UK plc

Merseyside Loan and Equity Fund

Hope Capital

Coutts & Co

Elysium Bridging

Brown Shipley

Asertis Limited

Work highlights

  • Advised Torus62 Limited (one of the UK’s largest registered housing providers) on a £100m loan facility with bLEND Funding plc.
  • Advised Cobalt Housing Limited, a Liverpool based registered housing provider, on a £25m loan facility with bLEND Funding plc.
  • Advised NatWest Bank in connection with the refinancing of a portfolio of nine licensed premises by Frederic Robinson Limited.


With a presence on a range of significant bank panels, DWF is well placed to act for notable lenders in the region; the firm is also instructed by corporate borrowers and public sector clients. The large team comprises practitioners in both Manchester and Liverpool. Team head James Szerdy has experience in all aspects of secured and unsecured lending transactions, and Paul Brown contributes expertise in public sector finance work; he recently advised on the funding of emergency Covid loans for SMEs in the region.

Practice head(s):

James Szerdy

Other key lawyers:

Paul Brown; Eleanor Cook


‘Good quality people, very pleasant and helpful, pragmatic and always try and get a deal done. Take a view rather than stick to rhetoric.’

‘DWF Law Manchester provide excellent support and cohesion to complete matters in a timely manner.’

‘James Szerdy provides proactive and practical support to help move forward at pace and with precision.’

‘James Szerdy – Always reachable and a pleasure to work with. Delivers against required deadlines.’

Key clients

National Westminster Bank/RBS/ RBSI

Lloyds Banking Group


Santander UK plc

Clydesdale/Yorkshire Bank

Secure Trust Bank plc


MotoNovo Finance Limited

NextGear Capital UK Limited

Close Brothers

NWF plc

Manchester City Council

Greater Manchester Combined Authority

Salford City Council

North West Evergreen Fund

Progress Housing Group


Home REIT Plc

Work highlights

  • Advised Lloyds Banking Group on its funding to the Cartwright group of companies and the issues arising out of the administration of the manufacturer including negotiations with the transferee of the leasing business.
  • Acted for Greater Manchester Combined Authority on the establishment of a £10m funding line via GC Business Finance for the emergency funding of central-government supported loans to SMEs under the Bounce Back Loan Scheme, including the preparation, negotiation and completion of bespoke funding documentation and overseeing first drawdown.
  • Advised RBS International on a £30m facility (with a £30m accordion facility) to an offshore property investment unit trust.

Gateley Plc

Gateley Plc’s key competencies include private equity and acquisition finance work as well as corporate banking and real estate finance issues. The team is instructed by a wide variety of borrowers and is on a number of clearing bank panels; it also has notable experience acting on leveraged finance transactions for sponsors and debt funds. Richard Sealy, who has over 20 years' experience in banking and corporate finance transactions, leads the practice, which also fields experienced associate Christopher Lister.

Practice head(s):

RIchard Sealy

Other key lawyers:

Christopher Lister

Key clients

Attivo Group

Independent Wealth Planners UK Limited

Beechbrook Capital

Inspired Energy plc

Hurstwood Holdings

Palatine Private Equity LLP

N M Rothschild & Sons

HSBC UK Bank plc

Oaknorth Bank plc


The Royal Bank of Scotland plc

Work highlights

  • Acting for Hurstwood Holdings in relation to banking facilities in excess of £40m in relation to multiple acquisition and development transactions.
  • Advising Palatine Private Equity in relation to the financing aspects of its investment in Acora, a leading provider of IT support and cloud solutions and the refinancing of its portfolio company Wren Sterling by Dunport Capital.

gunnercooke LLP

The practice at gunnercooke LLP is praised for ‘going beyond the call of duty to get deals done’. Rob Fawke is a key lawyer in the team and draws on a wide spectrum of experience ranging from leveraged finance and asset-based lending issues to debt restructurings. Clients include building societies, banks, real estate investors and private investment companies. ‘Standout partner’ Georgina Tripp also has a broad practice, which includes advising on asset-based receivables and traditional banking facilities.

Other key lawyers:

Rob Fawke; Georgina Tripp


‘Personal service and going beyond the call of duty to get deals done make Gunnercooke an outstanding legal partner. In particular Georgina Tripp and her team are a refreshing change to the legal profession.’

‘Great teamwork for a small firm, punching above their weight and feels like a big city firm. Great structure where the relationship built with clients is key. Plus, working with Gunnercooke allows us to agree the best pricing structure, giving us complete transparency.’

‘Georgina Tripp is the standout partner – Georgina brings the right balance of legal expertise and practical help to the most complex of matters. She is the foremost expert capital markets lawyer with comprehensive knowledge of funding programmes documentation. She knows how to get things done, the detail and the timescales.’

Key clients

BZ Commercial Finance DAC

Leeds Building Society

Skipton Building Society

OakNorth Bank plc

Calveton UK

Breal Capital Limited

Santander UK Plc

AIB Group (UK) plc

The Royal Bank of Scotland plc

Secure Trust Bank plc

Work highlights

  • Acting for Calveton othe acquisition of Byron Burgers.
  • Acting AIB Group (UK) plc on the provision of increased loan facilities to National Care Group Limited.
  • Acting for Greater Manchester Combined Authority on the provision of mezzanine loan facilities to Worthington Mancap LLP.


As a part of the firm’s financial markets and products team, Fieldfisher's Manchester-based practice works closely with its counterparts in London and Belfast. The team is active for borrowers and lenders equally, with a strength in real estate finance work. ‘Exceptional’ practitioner Charlotte Round draws on a range of experience, which includes advising on UK and offshore finance transactions as well as bilateral and syndicated loans. Associate Daniel O’Brien joined the team from Trowers & Hamlins LLP in September 2020.

Other key lawyers:

Charlotte Round; Daniel O’Brien


‘I have been dealing with Fieldfisher for the last 18 months and they have been looking after my larger and more complex cases, several of which have been time critical. The work has been a mix of property and banking and the team in Manchester have been first rate. Cannot speak highly enough. Their banking lawyer (Charlotte Round) is exceptional and the property performed to seriously challenging deadlines to deliver a company purchase transaction on a pubs portfolio. Would not have happened without Fieldfisher.’

Key clients

Lloyds Bank

Santander UK plc

Standard Chartered Bank

Cynergy Bank

Downing LLP

Shawbrook Bank

Restore plc

Marlowe plc

Gusbourne plc

Perch Group

Work highlights

  • Acted for Restore plc on the amendment and restatement of its revolving credit facilities of £160m, plus an accordion facility of up to £30m, from a syndicate of five banks.
  • Acted for Marlowe plc on the increase of its revolving credit facilities to £70m, plus an accordion facility of up to £20m, from a syndicate of banks.
  • Acted for Downing on its sale of part of its existing loan book to Pollen Street Capital and its partnership with Pollen Street to co-fund residential development finance and bridging deals.

JMW Solicitors LLP

Since Scott Cameron took the reigns of the banking and finance practice at JMW Solicitors LLP in 2019, the group has gained several new clients and solidified its standing in the market. The practice focuses on acting for borrowers but also has relationships with specialist lenders. Cameron has experience in advising clients on syndicated and bilateral financing arrangements for general corporate and acquisition financings and project finance transactions.

Practice head(s):

Scott Cameron

Key clients

Boutique Hotel Group Limited

LWC Drinks Ltd

National Westminster Bank Plc

Ascot Bridging Finance Limited

HSBC UK Bank plc

Work highlights

  • Advised Boutique Hotel Group Limited in relation to a facility provided by Barclays Bank PLC.
  • Advised LWC Drinks Limited in relation to a £20m CLBILS facility provided by National Westminster Bank Plc.
  • Advised Ascot Bridging Finance as borrower in relation to its senior and junior wholesale funding package.

Kuit Steinart Levy LLP

Kuit Steinart Levy LLP's banking and real estate finance team acts for banks, property lenders and independent lenders in a variety of matters related to real estate transactions. George MacMillan leads the practice, drawing on expertise in development and investment issues. Alison Kellett frequently supports lenders with property acquisitions and re-mortgaging work, while Meave O’Neill focuses on financing matters in the retail, commercial and residential sectors.

Practice head(s):

George MacMillan

Other key lawyers:

Alison Kellett; Meave O’Neill


‘Quality and professionalism of the staff.’

‘Kuits are a firm that punches above its weight. They have very experienced partners who are accessible. They are commercial in their approach and client service is very important to them. They develop their people in a consistent manner which is very important to us as we focus on long-term partnership relationships – therefore quality and consistency of people is very important to us. They have utilised technology to remain in close contact with clients and to continue to collaborate with us and our customers where we instruct Kuits to act for us.’

Key clients

Aldermore Bank plc

Allied Irish Bank (AIB)

Atom Bank

Cambridge & Counties Bank Limited

Close Brothers Bridging Finance (Manchester)

Handelsbanken AB

Investec Bank plc

Lloyds Banking Group plc


Oaknorth Bank Plc

Recognise Bank Ltd

Roma Finance



The Royal Bank of Scotland


TLT is active in the real estate and housing finance space in addition to taking on corporate finance and lending work. ‘Top-rate’ practitioner Paul Crighton leads the practice and has broad experience including working on complex solvent corporate restructuring mandates and funding packages for regulated businesses. Crighton is also involved in the firm’s green finance work. The team regularly uses legal technology to prepare bespoke lending agreements.

Practice head(s):

Paul Crighton

Other key lawyers:

Paul Brock


‘My dealings with the TLT’s banking team are via Paul Crighton who I have known for over 10 years. I always find him top rate. Knows his stuff and happy to help.’

Key clients

HSBC Bank UK plc

Handelsbanken plc


Santander UK plc

The Co-operative Bank p.l.c.

Allied London

Bank of Baroda

Landmark Investments Group

Private White

Work highlights

  • Advised Landmark Investments Group on its seminal £70m senior debt facilities with a major debt fund and major UK bank.
  • Acted for a leading FCA regulated insurance platform provider on raising £20m of unitranche and senior debt.
  • Acted for a major UK bank on restructuring its £30m debt pile in a national recycling group following a £100m Enterprise Value private equity transaction.

Trowers & Hamlins LLP

Trowers & Hamlins LLP focuses on the real estate finance market, acting on a range of matters including property investment financings, development finance work and bridging finance matters. The team also has notable expertise in housing finance mandates and has helped to develop standards and frameworks on issues of finance for social and affordable housing. Neil Waller is at the helm of the group, with a client base of regional and national lenders and borrowers. Eleanor James, who is praised for her ‘excellent knowledge of the debt capital markets‘, continues to be a name to watch.

Practice head(s):

Neil Waller

Other key lawyers:

Eleanor James


‘Supportive; go the extra mile.’

‘Flexibility and taking the initiative are standout qualities. The team is very knowledgeable and can bring in experts in related fields to assist when and where necessary.’

‘All the partners are extremely knowledgeable in their respective fields and bring this expertise to bear constructively.’

‘The team have an excellent understanding of the sector nuances and are able to support negotiations in respect of banking and debt capital market products. Thorough understanding of the legal process.’

‘Eleanor James has excellent knowledge of the debt capital markets from a legal perspective which enables her to support complex transactions in a short time period. Always makes herself available to answer questions, even out of hours. This comprehensive knowledge and flexible approach allowed us to advance from starting the documentation to launching the deal in just 4 weeks.’

Key clients

Catalyst Housing Limited

Orbit Capital plc

Two Rivers Housing

Eastlight Community Homes Limited

The Guinness Partnership Limited

Hartlepool Borough Council

Community Gateway Association Limited

Jigsaw Homes Group Limited

North Star Housing Group

LINQ Housing PLC

Work highlights

  • Advised Jigsaw Homes Group Limited on a complete restructure its funding arrangements which helped the group generate £715m to build 2,100 homes in three years and 800 homes per year thereafter.
  • Advised Community Gateway Association Limited on a £95m private placement and related £115m restructure of bank funding to support its business plan ambitions.
  • Advised Catalyst Housing Limited on a new £50m revolving credit facility which was its first social-performance linked loan.

Weightmans LLP

Weightmans LLP stands out for its work on public sector finance mandates and has been particularly active for accredited funders in relation to Coronavirus Business Interruption Loan Schemes (CBILS), recovery loans and the related government guarantees underpinning the schemes. Practice head Patricia Grinyer is highly active in the public sector finance arena; her expertise includes advising on the impact of Brexit on structural funds.

Practice head(s):

Patricia Grinyer

Other key lawyers:

Gary Jones


‘Responsive, commercially astute, not just the typical lawyers – able to provide pragmatic astute advice.’

‘Patricia Grinyer exemplifies all the qualities needed in a 21st century lawyer, an exceptional lawyer who is the least lawyerly type you will encounter.’

Key clients

Maven Capital Partners

Stoneycroft Developments

AIB Bank Plc

FSE Group

Lloyds Bank Plc

Clydesdale Bank

Bibby Marine

Santander Bank

Business Enterprise Fund (BEF)

Unity Trust Bank

Work highlights

  • Advising Maven Capital Partners on the Coronavirus guarantee provided by government to support Coronavirus Business Interruption Loans.
  • Advising Stoneycroft Development on the ongoing funding and security in connection with Stoneycroft city centre developments in Manchester.
  • Advised the Business Enterprise Fund on the £7.5m funding from ethical business bank, Unity Trust Bank.