Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.
LHV Bank Names Harper Macleod as Scottish Legal Partner
LHV Bank has appointed Harper Macleod as its primary Scottish legal adviser. The move supports LHV Bank’s ongoing growth in Scotland’s commercial lending market.
According to Mortgage Solutions, the appointment comes as LHV Bank aims to double its Scottish loan book over the coming years. Harper Macleod’s banking and finance team will advise on Scottish law aspects of acquisition finance, asset-based lending, real estate finance, development finance, restructuring, and insolvency.
The two firms have already completed multiple Scottish transactions together, with a combined value of around £63 million. This track record provided the foundation for the formal appointment.
For letting agents and inventory clerks, the partnership highlights continued activity and growth in Scotland’s commercial property and lending sectors. The collaboration between LHV Bank and Harper Macleod is expected to support more transactions in areas such as real estate finance and development finance, which may impact property management and inventory services in the region.
Source: Mortgage Solutions