‘There is always another deal to handle and another deadline to meet’

By Tony Sanchez 21st March 2022

In our latest Five Minute Interview, Tony Sanchez speaks to Adam Miller, Head of Real Estate Finance at Seddons Law LLP.

Adam heads up Seddons Real Estate Finance Team, advising on all aspects of short term and development property funding.

Well known in the short term lending industry, Adam is respected for his pragmatic and commercial advice and understanding of the needs and demands of his clients’ businesses.

With over 20 years’ experience, Adam has built up strong relationships with and represents many of the industry’s leading lenders.

What is the best thing about being in the bridging and development finance business?

The fast pace of the industry and the relationships I have built up over the years with clients and other professionals.

What keeps you focused?

There is always another deal to handle and another deadline to meet.

What qualities do you look for in your employees or colleagues?

In addition to specific technical skills for the areas of law and transactions we handle, it is important that they have the ability to manage demanding clients professionally and courteously and other solicitors in a way which encourages them to help us achieve the desired outcome for our client.

Are you an optimist or a pessimist?

Neither – I see myself as a realist.

What did you want to be as a child?

A tennis player but most of all ‘an adult’.

What will be the greatest challenge facing the bridging and development finance industry in the coming months?

An influx of new lenders in both markets has created significant competition leading to pressure on pricing and terms which looks like it will continue in the short to medium term.