Helping meet local regeneration targets
We helped convert a vacant office in Brent Cross into 45 new homes as part of the local regeneration plan.
We provided a stretched senior development facility to an experienced developer team based in London.
We assisted our client in the purchase and conversion of this four-storey office building. This project delivers much needed affordable housing to a part of London that is usually beyond the reach of first time buyers. All the homes we helped fund are eligible for Help to Buy.
Gross Loan
£8.4M
Term
12 Months
LTV
73%
Units Created
45
Exit Method
Sales
“We were impressed at the skill and expertise of the borrower and as such were comfortable to provide higher leverage.”
- Martin Gilsenan, Chief Originations Officer
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