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Douglas Collingham
Contact me:dxc@tcyoung.co.uk
Job Title:Partner
Tel:0141 225 2561
Douglas is a Partner in the Commercial Department and advises clients on development site acquisitions and disposals; development site assembly; acquisitions and sales of commercial premises; and commercial leases. This work regularly overlaps with loan agreements and secured lending.
Working closely with clients they are able to benefit from his tremendous conveyancing experience (over 20 years) with 10 years in the affordable housing sector, he is also responsible for the Right to Buy / Homestake Team. His experience includes undertaking the purchase of the largest brownfield development site acquired in Scotland by a single Registered Social Landlord. This involved the purchase of seven different areas of land from separate owners, which required to be completed at the same time and prior to a funding deadline. This site is now to be transformed into a £45 million housing development for a mixture of private and affordable social housing.
Douglas also undertook the title audit, conveyancing and security work for several large scale stock transfers from Scottish Homes and more recently two Second Stage Transfers from GHA.
Douglas advises on the negotiation and completion of Loan Agreements in connection with private finance and re-financing. He has completed loan agreements with the Dunfermline Building Society on behalf of several clients for facilities in the region of £9 million to £16 million comprising development and long term loans. He also advises on the securitisation of estates in favour of lenders including the adjustment and grant of Certificates of Title and Security deeds
He also advised on the construction of a wind turbine facility on Tiree. Acting for a community trust and its trading subsidiary who were to be the turbine operators, he dealt with all of the property and security aspects, including the long-term ground lease being granted by the landowners. This also involved dealing with the grant by our clients of two separate fixed securities over the leasehold interest and the grant of floating charges to procure the release of private finance and a lottery fund grant.
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