Tim McNamara > Shoosmiths LLP > Manchester, England > Lawyer Profile

Shoosmiths LLP
THE XYZ BUILDING
2 HARDMAN BOULEVARD, SPINNINGFIELDS
MANCHESTER
M3 3AZ
England

Work Department

Banking and Finance

Position

Tim is a banking and finance partner with over 20 years’ experience in the finance sector, including eight years in-house as a “client” at The Royal Bank of Scotland plc (now NatWest Group). Tim advises both lenders and borrowers on a wide range of finance transactions including acquisition finance and property investment and development funding solutions. His clients include most of the major UK clearing banks as well as other financial institutions, alternative lenders, institutional investors, public bodies and corporates.

Tim trained and qualified with Herbert Smith LLP in London and gained extensive City experience with them before moving back to the North of England to join Addleshaw Goddard in Manchester as a managing associate. In 2009 Tim joined RBS as Director of Transaction Management for the bank’s corporate real estate lending team based in Manchester, Liverpool, Leeds and Newcastle. Tim returned to private practice with Shoosmiths LLP in 2017.

Sectors that Tim is passionate about include financial services,  real estate finance, living sector, PRS, PBSA, student accommodation, hotel and leisure, residential development, BTR, sustainable finance, ESG, social housing finance, further education, healthcare, retail and manufacturing.

Recent experience includes advising:

RBS in relation to their debt funding of multiple investment property acquisitions by a major North-based property investor and developer;

a major high street retailer in relation to a new working capital funding solution;
Moorfield Group in relation to the development of a student tower block in Birmingham;

The Greater Manchester Combined Authority in relation to a development funding package for a major housebuilder;

HSBC in relation to a £30 million loan facility against a portfolio of residential investment properties; and

a national provider of retirement and care homes in relation to five new developments in Birmingham and the Midlands.

Career

Tim trained and qualified with Herbert Smith LLP in London and gained extensive City experience with them before moving back to the North of England to join Addleshaw Goddard in Manchester as a managing associate. In 2009 Tim joined RBS as Director of Transaction Management for the bank’s corporate real estate lending teams based in Manchester, Liverpool, Leeds and Newcastle. Tim returned to private practice with Shoosmiths LLP in 2017.

Lawyer Rankings

North West > Finance > Banking and finance

Shoosmiths LLP‘s banking and finance practice ‘offers a consistently high-quality level of service and pragmatic advice.’ The team is led by Liz Sweeney – a ‘class act’ working on real estate finance matters as well as acquisition and leveraged financing issues. Also of note is Tim McNamara, who displays ‘great work ethic’ and has experience acting on acquisition finance transactions and real estate finance matters. Judy Fawcett has represented banks, developers and landlords in her recent work. The group’s strength was recently bolstered by the addition of Debra Cooper, who joined in mid-2020 from Squire Patton Boggs.

Yorkshire and the Humber > Finance > Banking and finance

Shoosmiths LLP is active in a range of financing matters, with a particular focus on property finance issues through practice head Tim McNamara. The team acts for major banks, regional and national property developers, and corporates, with recent work including student housing and care home developments, telecoms financing matters and syndicated loans. The practice is expanding its presence in Leeds and across the region, with financial services lawyer Debra Cooper and real estate-focused senior associate Emma Bissett joining from Squire Patton Boggs in mid-2020.