Saiema Hussain

Experience

• Leading a large property portfolio refinance which included undertaking extensive property due diligence. Taking instructions from the client throughout the transaction and providing guidance on potential risks associated with property defects.Following the due diligence, providing a detailed Report on Title to the lender.
• Acting for a mainstream lender in relation to a refinance of an industrial site which was subject to complex and onerous overage provisions. This included reporting to the lender and the valuer on the terms of the overage and the potential implications on the lender in respect of the outstanding overage payment. Saiema was successful in making contact with the beneficiary of the overage and negotiating a release of the overage provisions to allow the lender to proceed with the transaction.
• Dealing with a complex refinance of agricultural land which included various property titles, whole and in part. Extensive advice was provided to the client in respect of access issues where security was to be taken over parts. Following guidance to the client, Saiema liaised with the lender’s legal team to make bespoke amendments to the standard form security documents to include the relevant covenants relating to the grant of easements on a future disposal.
• Acting for joint Administrators on a complex sale of distressed property. Saiema drafted a bespoke Sale Agreement with provisions to make completion conditional upon the prospective purchaser obtaining planning consent for the development.