Bridging

Facility to support the sale of 30 completed houses

18-month loan facility to support the purchase of a site near Mansfield in Nottinghamshire.

We have provided a £5.75m loan facility to assist with the purchase of 30 completed houses near Mansfield in Nottinghamshire. The loan facility will assist with the purchase of the site, will provide a multi-draw element towards specification enhancements and any snagging that is required and will support the sales of the units on the open market.

Offering seven different house types, we are confident that these new homes will provide a variety of choice in the market and support the high demand for new homes in the Midlands.

Gross Loan

£5.75m

Term

18 months

LTV

63%

Units Created

30

Exit Method

Sale

Loan Solutions

Residential

We 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.

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Purpose-Built Student Accommodation

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.

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Build-to-Rent

We 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.

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Care

We 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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Bridging

We 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.

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