Law Gazette commercial property roundtable

The global financial crisis hit real estate legal services hard, blighting careers and forcing down fees. But the sector is bouncing back.

DWF real estate finance partner Iain Thomas, recently took part in a roundtable event hosted by the Law Gazette discussing commercial property.

One story more than any other encapsulates the crisis that engulfed the commercial property sector during the darkest days of the recession. The Land Registry, it is claimed anecdotally, found itself overwhelmed by much-delayed applications to register properties. Why the delays? The explanation, it became clear, was that hundreds of commercial property lawyers, all with time on their hands, were rifling through their filing cabinets and unearthing transactions where they had ‘not got around to’ registering the property.

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Iain Thomas

Partner - Head of Real Estate Finance

I am a Partner in the Real Estate team. I head the Real Estate Finance team and have over 20 years' experience acting for lenders in real estate financing and restructuring.