Lending in the Shadows: What the MFS collapse means for London’s prime property market

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Is the high-profile failure of the bridging lender indicative of a wider issue in property finance, or an isolated incident - and what can we learn? Lawyers Hugh Wigzell and Grania Baird explain the background and potential implications.

Written by

Hugh Wigzell & Grania Baird

Partner & Partner at Farrer & Co

Hugh Wigzell is a residential property specialist experienced in high-value conveyancing and acting for both banks and borrowers in secured lending transactions. In particular, Hugh has extensive experience in acting on new-build acquisitions and sales and frequently represents purchasers based outside of the UK. Grania Baird leads the financial services regulatory and funds practice at Farrer & Co. She has over 20 years of experience acting for clients across the sector, including private banks, wealth managers, asset managers and, more recently, payment services firms and Fintech businesses.

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