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Checklist for funder’s property lawyers: real estate finance (investment and development)—due diligence, title, construction, environmental, income, planning, valuation, insurance, security and completion (England and Wales)

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What are the key issues property lawyers should consider in real estate finance transactions when acting for a funder?

Understanding the deal’s nature and objective is crucial—above all, establish whether it is an investment facility or a development facility, as this will govern the principal matters to address. See further Practice Notes: Introduction to real estate finance—the lending structure, Real estate finance—development facilities—key features and Real estate finance—investment facilities—key features.

Due diligence and investigating title

At times a funder may instruct its solicitor to carry out first-hand due diligence; in that case, see Practice Notes: Property due diligence in corporate transactions, Reporting to a lender in an investment real estate finance transaction and Real estate in corporate transactions—overview. More typically, the funder will rely on a London Law Society (CLLS) certificate of title (Certificate) prepared by the borrower’s solicitor and reviewed by the funder’s own solicitor. See Practice Note: Guide to drafting or reviewing a certificate of title.

Adverse effect on value

When undertaking due diligence—whether by examining title directly or by reviewing a report or Certificate produced by another firm—identify any matter that could negatively impact the property’s value...

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Web page updated on 20/05/2026

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