Expertise

Jennie is an experienced banking and real estate lawyer and has expertise in advising both lenders and Registered Providers (RPs) on the property aspects of charging large portfolios of properties for bank lending, bond issues, private placements and refinancing. Jennie now acts almost exclusively for funders and security trustees in the sector andis a key figure in AG's Social Housing team.

Experience
Lenders experience includes advising:
  • on the negotiation of Certificates on Title and the due diligence carried out by Borrowers' solicitors on refinancing, mergers and group restructures as well as traditional bilateral, syndicatable lending and allocations under Security Trust Deeds
  • reports to and advises the lender on all aspects of the property being offered as security
  • ensuring compliance with conditions precedent
Borrowers experience includes advising:
  • in relation to all due diligence and preparation of Certificates on Title and deals with satisfaction of conditions precedent required under the security documentation
  • on several high value (e.g. £200m+) bond issues, involving both newly developed properties as well as established properties acquired by RPs from local authorities under Large Scale Property Transfers, which required consideration of the effect and strength of Council warranties given at the time of transfer
  • on high-value securitisation under bilateral and syndicatable facilities and security trusts. She has often project managed a team of lawyers and paralegals on the larger transactions, including across office collaboration where appropriate
Previous Real Estate Development experience includes advising: 
  • several RP clients on the acquisition of major mixed-use development sites both within London and nationwide involving the resolution of complex property issues, often in very short timescales and coordinating all aspects. Advice included support on conditional contracts, tripartite development agreements, joint venture arrangements, leases and overage/clawback provisions and section 106 agreements
  • several large-scale Voluntary Transfers and estate transfers in London, involving substantial elements of redevelopment and regeneration
  • the RP sector on the acquisition of several Department of Health funded extra care schemes, including negotiating nomination agreements, leasebacks, crane oversail agreements and land transfer deeds
  • on residential and commercial conveyancing including: 
    • shared ownership plot sales and commercial leases
    • site acquisitions and set up for RPs, shared ownership plot sales
    • commercial leases, company share sales and property charging