England - London • Real estate

Trowers & Hamlins LLP

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Trowers & Hamlins LLP boasts a large team of finance lawyers, chaired by Adrian Carter, dedicated to the housing sector. The social housing finance practice advises on a wide range of loan facilities and other debt capital market arrangements. The team handles sector-significant transactions, including the Peabody and Catalyst merger, on which Eleanor James led. With an established reputation as a borrower firm, the team is broadening its lender-based practice and acts for key lenders, institutional and equity investors, and security trustees. Melanie Comer heads up the national real estate finance security team alongside Katie Dyer, who leads the London and Birmingham teams, advising for-profit registered providers on their property portfolios. The firm is a go-to for new entrants into the social housing finance sector, and the team has experience in the formation of for-profit registered providers. Green, social, and sustainable finance is another key focus area for the practice; the team acted on some of the first green private placements in the sector, led by Naomi Roper. The team’s national reach is solidified by Neil Waller, head of the Manchester-based finance practice, who specialises in housing finance and financing transactions for local authorities. Simon Valner was promoted to partner in July 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'We have always received a high-quality service from them - they are professional, their work is diligent and thorough, and they understand us as an organisation.’

  • ‘We have greatly valued the services of a number of individuals at the firm for their responsiveness and their attention to detail.'

  • 'Individuals that we have worked very closely with recently that have provided us with a great service include Neil Waller and Jane Kirkham in respect of loan documentation and Nicola Almond and Victoria Dennell, in respect of property charging.’

  • 'Very responsive. Excellent depth of knowledge.'

  • 'Friendly, responsive, and handled succession well.'

  • ‘Strong commercial approach.'

  • 'They take time to understand client objectives and do not overplay risk.'

  • 'Eleanor James has excellent transaction advice. Eddie O'Hanrahan is an excellent account manager with an ability to identify the right advisors quickly.’

Key clients

  • Jigsaw Homes Group
  • Network Homes Limited
  • Peabody Trust
  • Man Group Plc
  • Catalyst Housing Group
  • Vivid Homes
  • bLEND Funding Plc
  • The Housing Finance Corporation Limited
  • Irwell Valley Housing Association Limited
  • Origin Housing Limited
  • Sovereign Housing Association Limited
  • Cottsway Housing Association
  • Paradigm Housing
  • Bromford Housing Group
  • The Guinness Partnership Limited
  • Raven Housing Trust

Work highlights

  • Advised the Catalyst and Peabody groups on the financing aspects of their merger.
  • Advised Man Group on a £50 million financing consisting of innovative development and investment facilities, including facilities to For Profit Registered Provider Habitare Homes Limited.
  • Advised Vivid Housing on the establishment of its £2bn medium term note programme.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Adrian Carter, Melanie Comer, Katie Dyer, Neil Waller

Other key lawyers

Naomi Roper, Eleanor James, Simon Valner, Rishi Sarin, Jasna Djurisic, Jane Kirkham, Nicola Almond, Victoria Dennell, Eddie O'Hanrahan