LHV Bank appoints Scottish legal adviser as it targets doubling Scottish loan book

LHV Bank has appointed Harper Macleod as its primary Scottish legal adviser to support the bank’s continued growth in Scotland’s commercial lending market.

Harper Macleod will be the primary legal partner in providing legal advice on Scottish real estate and commercial mortgage transactions undertaken by LHV Bank.

The appointment comes as LHV Bank targets doubling its Scottish loan book over the coming years as part of its wider growth ambitions in the market.

Conor McDermott, director of SME lending at LHV Bank, commented: “Scotland is an important market for LHV and one where we see significant opportunities to grow our commercial lending business across real estate and trading sectors.

“Harper Macleod has already supported us on a number of Scottish transactions and has shown a strong understanding of the sort of lending we do.

“This appointment formalises that relationship and gives us a stronger platform as we continue to grow our presence in Scotland over the coming years.”

Andrew Ronald, partner in Harper Macleod’s banking and finance team, added: “The Scottish lending market remains active, but it is also becoming more sophisticated.

“We have already worked closely with LHV on a number of transactions and know first-hand the appetite it has for the Scottish market. We are pleased to have been appointed to support that next stage of growth.”