Together has partnered with broker Bluechip Financial to provide a £10m unregulated bridging loan to a luxury developer.
The funds are being used to refinance a £25m property in Berkshire.
The property, called Harford Manor, is a 24,000 sq. ft private estate located in Holyport, set within 40 acres of landscaped gardens and woodland.
It features six private bedroom suites, four reception rooms, a games room, wellness area, indoor leisure complex with swimming pool, tennis courts, equestrian facilities, helipad, and staff accommodation.
Michelle Walsh, intermediary sales director for commercial finance at Together, said: “This transaction highlights our expert team’s ability to support experienced developers with bespoke finance solutions for complex, high-value assets.
“Being able to complete deals like this one really demonstrates our position as a trusted lender in the luxury property space.
“Harford Manor is an incredible property, and our £10m loan will be used to refinance the existing £8.5m debt and provide a capital raise of approximately £700,000 to support further investment and associated costs.
“This bridging loan an excellent example of Together’s bespoke and flexible approach to large-scale residential lending.”
Scott Davis, director at Bluechip Financial, said: “I was approached by another well-established commercial broker to place and package this loan for their client.
“Our experience and lender contacts for large loans are strong and having worked closely with Together for many years, we felt this was the perfect home for the loan facility required.
“All stakeholders were delighted with the service and outcome.”
