“Blake Morgan's ‘excellent’ team ‘understands the transactions, and is able to liaise across jurisdictions.”
We offer fast expert advice on all aspects of lending, security, product development and financial regulation.
The team has an excellent reputation in retail banking, insurance regulation, general investments, compliance and consumer credit issues.
Our highly regarded banking and finance specialist lawyers act for lenders (including major UK banks) and borrowers, on mid-tier corporate transactions. Areas in which we specialise include:
The team comprises over 20 specialist lawyers able to resource transactions from the simplest to the largest and most complex. We work closely with colleagues from our Corporate team to deliver seamless commercial advice that is backed by the knowledge and experience of lawyers undertaking finance transactions in a wide range of sectors.
For transactions involving property, whether simply as security, or for development or acquisition finance, the Banking and Finance team is supported by dedicated Real Estate and Construction Finance teams with the capability and experience to deliver to the highest standards, and a real commercial understanding of the issues.
Our lending clients include UK clearing banks, international and merchant banks, mezzanine funders, property and equity funds and non-institutional financiers.
We are on the lending panels of most of the UK clearing banks, as well as a substantial number of retail and investment banks. We also provide expert advice for specialist lenders such as manufacturer-owned car finance companies.
For borrowers, our clients include major corporates, charities and social housing providers.
Many of our clients prefer to keep their relationship with us confidential but here are some examples of our clients:
|Aldemore Bank||The Co-operative Bank||CarePlaces Fund|
|Monmouthshire Building Society||Santander UK plc||HSBC Bank PLC|
|Clydesdale Bank||Svenska Handelsbanken||Julian Hodge Bank|
|Finance Wales||Swansea Building Society||MedicX Group|
The Banking and Finance team has a huge amount of experience across a variety of banking and finance areas. Examples of where our advice has recently proved invaluable to our clients include:
The team has a wide range of finance related expertise, as well as being able to draw on other teams within the firm for particular legal or sector knowledge, including:
“They are very approachable, commercial, knowledgeable and always quite balanced in how they explain things to you”
“I use Blake Morgan because there is an enormous amount of pressure to bring deals in on time and on budget, and they deliver on that." "They are a very established and experienced team.”
The government have provided that by 2018 the Senior Managers Regime (SMR), Certification Regime (CR) and Conduct Rules will apply to all firms authorised by the FCA.
The Government has now confirmed many of the proposals set out in its consultation from August on Apprenticeship Levy funding arrangements in England
Blake Morgan’s banking and finance specialists have been recognised for their expertise by judges at the Solent Deals Awards.
Whatever the final details are, the suggestion that there may be some whole health economy rather than single provider financial budgeting next year is truly radical and much needed.
Kath Shimmin, head of our Banking and Finance group will be a panellist at ECOBATE 2014 on 8th October.
We highlight the FCA's recently launched Interim Permission Regime.
The start of a new year is always a time for predictions. And at Davos last week where the global great and the good of commerce and government meet there was a prediction that automation will change the face of banking..
The Upper Tribunal has provided clear and robust guidance to consumer credit firms who do not seek independent legal advice when applying to vary Part 4A permission to include consumer credit activities.
So we have decided to leave the European Union. Whether or not that will ultimately be the best thing for the UK economy is something that only time will tell.