Our in-depth knowledge of banking, finance and planning helped us turn around the fortunes of a £50m family-run portfolio.

We were instructed by a private investor to aid in the refinancing of his investments, including restructuring £30m of RBS loans.

​In the process of expanding their portfolio they had inadvertently built outside of planning consents and were coming under pressure from their banking partners.

Maritime therefore needed to resolve the planning issues and introduce a new lending partner.

The family initially required advice and support on how to communicate their position and their plan to RBS, and reach a compromise solution.

The complexities and subtleties of financial terminology meant that they had until that point been unsuccessful in their discussions with the bank, and were unable to convey a workable plan to assuage their concerns.

Maritime acted as a conduit, holding meetings with both parties and creating an action plan that satisfied the bank that the family would be able to meet their obligations.

Our work gave the family a full understanding of the bank’s position and made all parties comfortable that the difficulties would be resolved.

Over the course of several months, the planning issues were rectified, and the portfolio’s debt with RBS was restructured.

This consultancy role is a great example of our wide-ranging knowledge and experience, in this case incorporating UK banking system procedures, planning and development regulations and the valuations process.

The family’s property portfolio continues to thrive, thanks to Maritime’s involvement on a consultancy basis.