NEW FUNDING QUOTATIONS – APPOINTMENT OF LEGAL ADVISORS
Buyer: Greatwell Homes Limited
- Published
- 13 October 2025
- Estimated value
- £38,380
- Procedure
- Direct award
- Lots
- 1
- Notice number
- 064698-2025
- Reference
- ocds-h6vhtk-05ae23
- Official source
- Official source
CPV codes
- 79110000Legal advisory and representation services
Description
Greatwell Homes was formed in 2007 following a large-scale voluntary transfer (LSVT) from Wellingborough Borough Council (now part of North Northamptonshire Council). At 31 March 2025 we owned and managed 5,326 properties in and around the Wellingborough area. Greatwell sought to appoint legal advisors to support the review, negotiation and completion of loan facility documentation and security due diligence for two lenders following a recent new funding request for proposals exercise (RfP). There are currently 3,117 properties valued at £127m existing use value, social housing allocated to Barclays through the Security Trustee arrangement with M&G. It is Greatwell Homes intention to reallocate some of this security to Natwest as there is sufficient to cover both facilities. Most of the properties in the list would have been acquired by Greatwell Homes at transfer in 2007. In addition to the new funding exercise, Greatwell Homes also have a need for further property due diligence support for: •An uplift of the properties allocated to The Pension Insurance Corporation (PIC) through the security trustee, from existing use value, social housing (EUV-SH) to market value subject to tena…
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Trowers and Hamlins LLP | — | — |
Official publications
- FTS · 064698-2025 · 13 October 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is £38,380.
- Who is the buyer of this tender?
- The contracting authority is Greatwell Homes Limited (United Kingdom).
- How can I bid for public tenders in the United Kingdom?
- Bids are submitted through the official public procurement portal in the United Kingdom. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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