Returning developer converting redundant office block into desirable homes
Reinvigorating a former office block into residential properties, perfectly located for commuters.



We provided finance to execute a permitted development opportunity and at the same time adding two new floors. Our In-house surveying team worked closely with the developers team to get this complex transaction completed and work underway.
Gross Loan
£13.4m
Term
24 months
LTV
68%
Units Created
68
Exit Method
Refinance
"This is the second time we've worked with this developer on an office to residential conversion, and an opportunity for the developer to continue to grow their build-to-let portfolio."
- Peter Messenger, Development Monitor

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