---
title: "NEW FUNDING QUOTATIONS - APPOINTMENT OF LEGAL ADVISORS"
ocid: "ocds-h6vhtk-05ae23"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05ae23"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-05ae23.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-05ae23.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "GREATWELL HOMES LIMITED"
published: "2025-10-13"
---

# NEW FUNDING QUOTATIONS - APPOINTMENT OF LEGAL ADVISORS

Buyer: GREATWELL HOMES LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-05ae23

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05ae23)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-05ae23.json)

## Summary

Greatwell Homes Limited, a sub-central government public authority based in Wellingborough, Northamptonshire, has concluded the procurement process for appointing legal advisors to assist in the review, negotiation, and completion of loan facility documentation and security due diligence for two lenders. The process, which falls under the services category, utilised a limited competition procurement method below the threshold requirements. The contract, awarded to Trowers and Hamlins LLP, a large-scale legal firm located in London, commenced on 26 September 2025 and will end on 25 September 2026. This award follows a recent request for proposals, aiming to complete the new funding work promptly to enable the availability of funds for drawing.

The procurement provides growth opportunities for legal service firms specialising in advisory and representation services for financial and property due diligence, particularly those experienced in working with housing associations or similar entities. Small to large-scale legal businesses that offer competitive services in handling property loan documentation and security due diligence assignments may find future prospects with similar projects from Greatwell Homes or comparable organisations recognising the necessity for detailed financial and property evaluations.

## Notice

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 PS127m 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 tenancy (MV-ST) values (1,033 properties valued at PS46m securing a facility of PS40m); and *A due diligence health check on our unencumbered property portfolio with a view to aide future charging into the security trustee (971 properties) Greatwell Homes invited quotations from interested parties to support with this work. All bidders could quote separately for either (1) the loan documentation or (2) the property security or for both exercises. Greatwell Homes would like to complete the new funding work as soon as is practically possible to have the funds available to draw therefore this work is the priority. This RFP is provided on the same basis to all organisations. To view this notice, please click here: https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=986496815

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/064698-2025 |
| Notice type | UK7 - Contract Details Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Limited |
| Procurement method details | Below threshold - limited competition |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 13 Oct 2025 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 24 Sep 2025 |
| Contract period | 25 Sep 2025 - 25 Sep 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £38,380 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | GREATWELL HOMES LIMITED |
| Locality | WELLINGBOROUGH, NORTHAMPTONSHIRE, |
| Post town | Northampton |
| Postcode | NN8 4AD |
| Country | England |
| ITL 1 | TLF East Midlands (England) |
| ITL 2 | TLF2 Leicestershire, Rutland and Northamptonshire |
| ITL 3 | TLF25 North Northamptonshire |
| Local authority | North Northamptonshire |
| Electoral ward | Finedon |
| Westminster constituency | Wellingborough and Rushden |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | TROWERS AND HAMLINS |

## CPV Codes

### Divisions

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

### Codes

- 79110000 - Legal advisory and representation services

## Release History

- 13 Oct 2025 at 11:06 - Award - UK7 - Contract Details Notice - https://www.find-tender.service.gov.uk/Notice/064698-2025

## Documents

- https://www.find-tender.service.gov.uk/Notice/064698-2025
  13th October 2025 - Contract details notice on Find a Tender

## Notice URLs

- https://www.delta-esourcing.com/delta/viewNotice.html?noticeId=986496815
- https://www.legislation.gov.uk/ukpga/2023/54/contents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-05ae23. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-05ae23.json.