Award

Legal Services: Funding Loan Documentation and Security

CASTLES & COASTS HOUSING ASSOCIATION LIMITED

This public procurement record has 1 release in its history.

Award

15 Aug 2025 at 14:56

Summary of the contracting process

This contracting process involves Castles & Coasts Housing Association Limited, based in Carlisle, United Kingdom, aiming to secure legal services for funding loan documentation and security. The procurement falls under the category of legal documentation and certification services, addressing the need for expert support in loan refinancing, including the creation of new facility agreements and revising existing ones. The tender utilised a direct procurement method, negotiated without prior competition due to technical reasons, and is in the award stage as of 15 August 2025. The awarded contract began on 2 June 2025 and is expected to run until 31 October 2025, with potential extensions available. Services will be delivered primarily in regions UKC and UKD.

This tender presents excellent growth opportunities for legal firms experienced in real estate and funding legalities, particularly those with a proven track record of managing complex loan agreements and security documentation. Trowers & Hamlins LLP, a large firm based in London, was awarded the contract, demonstrating the relevance of established expertise and previous collaboration in this niche sector. Legal service providers with an intimate understanding of the intricacies involved in housing associations could leverage opportunities like this to expand their service offerings, particularly in regions looking for stable and scalable legal support partnerships.

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Notice Title

Legal Services: Funding Loan Documentation and Security

Notice Description

Funding Loan Documentation and Security: Legal services to support loan refinancing. Legal Services required to support loan refinancing including support with loan documentation; creation of new facility agreement (including an Affordable Homes Guarantee Scheme facility as desired); amending and restating of existing RCF facility agreements; and project management. In addition, support will be provided with securitisation of the new and restated facilities to meet individual lenders' requirements. The extent of the security work will be dependent on the funders being used. Negotiated without prior call for competition - absence of competition for technical reasons: CCHA's funding timetable is expected to run for approximately 4 months and the selected supplier had previously completed preparatory work in 2024 under a framework. The supplier is familiar with CCHA's existing funding documents and governance arrangements, with an in-depth knowledge of our stock and security position.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-058933
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/049244-2025
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Below threshold - without competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79130000 - Legal documentation and certification services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£80,000 Under £100K

Notice Dates

Publication Date
15 Aug 20256 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Jun 20258 months ago
Contract Period
1 Jun 2025 - 31 Oct 2025 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
CASTLES & COASTS HOUSING ASSOCIATION LIMITED
Contact Name
Not specified
Contact Email
procurement@castlesandcoasts.co.uk
Contact Phone
Not specified

Buyer Location

Locality
CARLISLE
Postcode
CA3 8TT
Post Town
Carlisle
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD1 Cumbria
Small Region (ITL 3)
TLD13 Cumberland
Delivery Location
Not specified

Local Authority
Cumberland
Electoral Ward
Castle
Westminster Constituency
Carlisle

Supplier Information

Number of Suppliers
1
Supplier Name

TROWERS & HAMLINS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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