Residential
Bridging in Cornwall
We provided extra leverage on a bridge facility to allow our client to complete sales of high-end apartments on the Cornish coast.
We provided a £1.7m, nine-month bridge finance facility to a developer operating across southern England.
Our facility gave our client time to sell these attractive apartments on the open market. Located by a popular waterside town with a natural harbour, these apartments had wide-ranging appeal to
owner-occupiers, investors and holiday makers. Our facility refinanced two existing lenders and released equity for a further purchase.
Gross Loan
£1.7M
Term
9 Months
LTV
78%
Units Created
4
Exit Method
Sales
Loan Solutions
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.
Read moreWe 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 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.
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.
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