Residential



Development of 30 new homes in Somerset
30-month ground-up development facility to fund the construction of 30 new family homes in a desirable village location.
We have provided £16.6m financing, structured as a peak debt facility at 54% LTGDV over a 30-month period, to fund a multi-phase ground-up development of high quality houses in Butleigh, Somerset. These new homes are being built by Galion – an award winning local house-builder providing comfortable and desirable family homes, with a focus on sustainability, energy efficiency and use of local materials.
Gross Loan
£16.6m
Term
30 months
LTV
54% (peak LTGDV)
Units Created
30
Exit Method
Sale
We work with professional developers of PBSA schemes across the UK, providing customised finance facilities that align with the unique requirements of PBSA development and support build programmes to meet academic intake dates.
Read moreWe specialise in providing lending solutions that can be customised to meet the unique needs and requirements of build-to-rent projects. We offer competitive variable and fixed rate options and terms, which will ensure optimisation of the project's financial performance and return on investment.
Read moreWe specialise in providing tailored loan solutions for professional residential property developers. We offer choice and value, including variable and fixed rate options up to 70% LTGDV on loans between £3m to £40m. Our team of property professionals are expert in structuring the right finance solutions for your project – whether you have land with planning, are undertaking a permitted development, or are converting an existing building.
Read moreWe recognise the importance of fast decisions and approvals for short-term financing requirements that will enable you to act quickly. As a specialist lender, our team of lawyers, surveyors, and credit experts can craft custom and transparent lending solutions for property acquisition, planning gain, and developer exit. You also have the benefit of being able to leverage our development finance expertise for longer-term finance requirements.
Read moreWe have extensive experience in providing finance solutions for care home developers and operators. Our facilities are structured to support every stage of your care home development project, from acquisition, development and stabilisation of the asset.
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