Security Review

As a boutique law firm specialising in commercial real estate and real estate finance, Newmanor Law brings partner-led expertise to bear on difficult issues such as Security Reviews. We also operate a one-team approach to provide joined-up solutions based on decades of experience.

Our clients are well-known names in the property market, who value our genuine fixed fees and our commitment to provide smooth transactions which are delivered on time.


A Security Review is a document created on behalf of secured lender by an impartial legal advisor in respect of an existing loan and security held by that lender.

Such reports are often necessary when a lender needs to take legal action against a borrower who has defaulted under the terms of its loan.  A Security Review will provide a thorough evaluation of the security interests held by the lender, including their perfection and priority.

Additionally, the Security Review offers helpful advice on the steps the Lender must take to protect, improve, and maintain its security interests moving forward. These steps might involve fixing any errors or omissions from the initial loan agreement or other deficiencies in the security documents.

The resulting document will often highlight what the lender’s legal position is with regard to enforcement options against the borrower, as well as offering recommendations to protect its security interests.

Security Reviews with Newmanor Law

We have the breadth and depth of knowledge to guide and support our clients through the numerous challenges faced by lenders, borrowers and other stakeholders operating in the commercial property sector. This comes from having successfully navigated the complexities brought about by previous economic or market downturns on behalf of many of our long-standing and valued clients.

By selecting Newmanor Law as your independent advisor in conducting a Security Review, you can be confident that we have the comprehensive skillset to produce valuable and commercial advice, with a personal touch, and a straightforward delivery.

At Newmanor Law we operate a genuine fixed-fee policy for all our work, meaning that the price we agree at the outset, is the price you pay, with no hidden overheads, and no clock watching. This means we are aligned with your interests in finding solutions in an efficient and cost-effective matter and will drive your project forward to a satisfactory conclusion.

We can also support in the following areas:

  • Advice on covenant breaches, reservation of rights and potential enforcement steps
  • Liaising with appointed work-out professionals (including receivers and administrators) to manage distressed scenarios
  • Discounted pay-offs
  • Intercreditor negotiation and buy-outs
  • Enforced disposals
  • Appointing and working with Law of Property Act (LPA) receivers and Administrators
  • Purchasing assets from LPA receivers and administrators
  • Implementing the finance, real estate and construction elements of restructuring plans

Why Choose Newmanor for Your Security Review


Real estate focus

Unlike full-service law firms, our service is focussed only on commercial real estate and real estate finance matters. Everything we do and every decision we make is designed to deliver best in class legal expertise for our clients.


Genuine fixed fees

Our service is based on fixed fees linked to a definitive scope of work. We do not provide estimates that lead to ambush billing on the eve of completion. We do not have time recording targets, just a focus on getting the deal done effectively and efficiently to meet our clients’ requirements.


Small firm, big team

We are a confident boutique firm with a team of 14 lawyers, including legal assistants, paralegals, associates, partners and consultants. The team we put at your disposal is larger than the real estate and finance teams of most competitor firms.


Push and tell

We proactively take ownership of your deals. We will push them forward and tell you what we have done and when, so you always know the progress of each deal. Our approach instils confidence that our team is doing everything possible to ensure transactions run smoothly.


One team, no silos

We work as a team to get things done, ensuring there are no gaps in the service delivered. There is no buck-passing between departments, we own deals and take personal responsibility to see them through to completion.


We listen

We understand good communication is key. We will always actively seek your feedback and we will action the points you identify. Our team will work closely with you in a collaborative way to ensure you come to regard Newmanor as an extension of your team.


Genuine client care

Our lawyers understand their careers are defined by the service they deliver to you and your business, not by their ability to bill the life out of you. This requires us to genuinely get to know you and your ambitions, to see how else we help you achieve your outcomes. Your success is our success.


Excellent service

We ensure every one of our team delivers the best possible client service and this is enshrined in our Service Pledge. This focus on client care saw us shortlisted for the Boutique Law Firm of the Year at the Modern Legal Awards and named as a Firm to Watch in the Legal 500 for Commercial Property and Real Estate Finance.

Ready to do things differently?

If you are ready for a fresh approach to security reviews, reach out to us.

+44 (0)20 7464 4080

32 Threadneedle Street
London EC2R 8AY