Leading law firm Freeths has advised Lamington Group on the funding of its latest project, room2 York – a pioneering net zero carbon ‘hometel’ set to open in Spring 2027.

Freeths provided legal counsel on a £41.75 million Green Development and Investment Loan, secured through Coutts Commercial, which will support the construction of room2 York and contribute to Lamington’s wider pipeline of net zero developments across the UK which reflects Lamington’s environmental, social and governance principles across all of its developments.

Lamington is a multi-award-winning, independent, family-owned real estate investment and development company, which operates a diverse portfolio of brands. As a certified B Corporation, the business is committed to delivering whole-life net zero buildings and aims to open 5,000 keys by 2030, setting new standards in sustainable hospitality and real estate development.

Lamington’s new 116-room property in the heart of York is its first in the North of England, marking a key milestone for the award-winning room2 brand. The site will feature meeting spaces, a gym, guest laundry, Winnie’s café and bar, alongside sustainable design elements like reclaimed materials, solar panels, and CO₂-controlled ventilation.

Leading the Freeths team on this deal was Banking & Finance Parter Andrew Curtis and Real Estate Partner John Flathers. They were supported by Real Estate Managing Associate Nick Wallace, Real Estate Associate Amy Liddell, Construction & Engineering Senior Associate John Ridehalgh and Banking & Finance Associate Cian Brett.

Commenting on the investment, Andrew Curtis said: “As a fellow B Corp, it gave us great pride to support Lamington Group in delivering a project that reflects our shared values of sustainability, innovation and social responsibility. room2 York is a brilliant example of how the hospitality sector can lead the way in creating spaces that are not only commercially successful, but also environmentally conscious and community-focused.”

Stuart Godwin, Managing Director, Lamington Group said: “As a B Corp, Lamington Group is very selective about its supply chain and partners, so it’s a great pleasure to be partnering with Coutts. This loan package will enable us to deliver the design-led, customer centric room2 ‘hometel’ in York, and allow for further sites to be brought into our net zero pipeline.”

Lamington continues to lead the way in sustainable hospitality, with additional room2 sites planned in Cambridge, Edinburgh, Manchester and Shepherd’s Bush.

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