England - London • Real estate
Glovers Solicitors LLP
Property finance boutique Glovers Solicitors LLP advises lenders on residential development finance and investment loans. The firm is experienced in supporting lenders, receivers, and administrators in connection with restructuring and disposals following borrower default. It also handles high and ultra-high net worth mortgages. Darran Smith is the key contact.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘A very strong, specialist team who cover all aspects of the secured property lending market including development, investment, planning, etc. Very personable and responsive and competitive on fees.’
‘Darran Smith leads the team and all individuals within it perform well.’
‘Very attentive. Good knowledge and take a pragmatic approach to solving issues’
‘Darren Smith is an excellent lawyer. ’
‘Approachable, knowledgeable, commercially-minded and very strong relationship builders. A solid mixture of proactivity, efficiency and professionalism - you are always made to feel like you are their only client.'
‘Darran Smith is our main point of contact and an excellent person to work with. He is always available should we need and goes out of his way to assist in any way he can.’
‘The team always have a can do attitude whatever obstacles that they come across from the Borrowers lawyers. They have an excellent people and billing is always competitive.’
'Glovers provide exceptional service and always deliver on time.'
Key clients
- Commercial Acceptances Limited
- Close Brothers Limited
- Davon Investments Limited
- Hampshire Trust Bank plc
- Heritable Development Finance Limited
- Investec Bank plc
- Royal Bank of Canada Trustees Limited
- Strata Residential Finance plc
- United Trust Bank Limited
- Lendinvest Limited
- Shawbrook Bank Limited
- Investec Bank (Channel Islands) Limited
- Paragon Bank Plc
- Cambridge & Counties Bank Limited
- Atelier Capital Partners Limited
- Downing Development Lending Limited
- PP08 Finance Ltd (trading as Pluto)
- Blend Loan Network Limited
Work highlights
- Advised a leading bank in the development finance industry for a £14million development loan in a prime Mayfair residential development of 10 flats involving complex issues including rights of light, access and construction methods.
- Advised Investec Bank Plc in connection with a £14,750,000 investment finance facility to refinance a prime central London building containing 11 apartments.
- Advised Close Brothers Limited in connection with a £10,680,000 development finance facility to develop a former school to construct 56 apartments (comprising 30 private units and 26 affordable units) .
Practice head
The lawyer(s) leading their teams.
Darran Smith