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Art Financiers & Investors

The art market has become increasingly commoditised, and as the headline-grabbing prices soar, new buyers enter the market. Some of these new buyers are enticed by seeing the eye-catching returns that others have made.

When acting for investors looking to venture into the luxury asset market, it is important that the structuring of the transaction maximises the tax efficiencies for the client, that extensive due diligence is undertaken into the asset in question, and that third parties are consulted to advise on authenticity, quality and condition.

Financial institutions are becoming increasingly comfortable in lending against fine art, classic cars and wine, as they look for new lending models that can give healthy returns while seeking to minimise their risk.

Our team has advised financial institutions lending against classic cars, acted for clients looking to raise funds on their art and wine collections, and negotiated bailment terms where a gallery was tasked with holding a mortgaged artwork on behalf of the consignor and lending institution.

We are at the forefront of new UK legislative reforms that could potentially open up the UK market in terms of luxury asset lending. We have assisted the Law Commission and worked with other key stakeholders to ensure these changes are robust, progressive and will create an opportunity for UK based financial institutions.

 

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Art Law & More

Our award-winning art law blog features the latest art news, as well as longer articles and opinions from our own legal experts and invited guests. Find out more about our expert team and discover our Art Law & More blog.

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