Nabarro advises Walker Crips on creation of regulated short-term lending fund
Nabarro has advised wealth and investment manager Walker Crips on the creation of a regulated short-term lending fund. Described as the first regulated bridging finance investment fund in the UK, it is designed to create a target annual income of 8.4 per cent by providing credit to short-term lending companies that specialise in residential property.
These lending companies source borrowers who are seeking short-term funding on UK residential or mixed commercial and residential use properties, generally via the auction market. Income is generated through interest on the loads. These loans are used for the purposes of short-term bridging finance or property renovations.
The Nabarro team was led by funds and indirect real-estate partner Andrew Wylie, supported by banking and finance partner Andrew McLean and financial regulatory senior associate Sam Robinson.
News from Nabarro
News from The Lawyer
Briefings from Nabarro
When undertaking due diligence exercises in property purchases, a standard construction enquiry is usually raised of the seller to ask if there is a health and safety file.
This article focuses on the reforms affecting the generation of electricity, which is a regulated sector in the UK and the EU.
Analysis from The Lawyer
Nabarro senior partner and self-confessed “IT geek” Graham Stedman is heralding a major set of investments in technology ahead of the firm’s move to 125 London Wall this year.
Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem