Development Finance
Prime Cities secures £3.7m refinance for Nine Elms apartments
The facility was agreed at a loan-to-value (LTV) of 55% and will fund the properties for another three years.
Refinancing loan
Development Finance
FRP Real Estate Advisory completes £4.1m refinance for York PBSA development
The fixed-rate loan was secured at 72% LTV and matched the asset’s market value of £5.77m.
Case Studies
Redwood completes £1m Scottish portfolio refinance through digital platform
The loan was secured against AK Properties’ portfolio of new-build residential properties, valued at £1,385,970.
Bridging Finance
TAB completes £382k bridging loan for HMO repositioning in Harrow
The loan was structured over 12 months at 69.45% loan-to-value (LTV) and helped the borrower secure the asset with vacant possession.
Bridging Finance
SDKA completes £995k bridging refinance across five-property portfolio
Kunal Mehta said: "To go from two applications to completions in 15 days while having valuers visit five separate properties is no mean feat, but this is simply how we operate.”
Case Studies
HTB completes £5.5m semi-commercial refinance
Baker said: “This was a case where the underlying position was strong, but the borrower needed to take a more structured approach before it could move forward."
Case Studies
Arc & Co. secures £5.76m refinance facility for Essex open storage asset
The 3-year loan was provided by State Bank of India at 65% loan-to-value (LTV), with a fixed interest rate of 6.55%.
News
Redwood Bank backs Birmingham landlord expanding homes for vulnerable people
The bank delivered an £847,500 refinancing facility for Serenity Consultancy (UK) Ltd, enabling equity release for further acquisitions and property improvements.
Case Studies
Loans Warehouse completes £1.38m bridging loan against high value Leicester property
Vikki Edwards said: “By working closely with MT Finance, we were able to secure a longer-term solution that gave the client breathing space to sell properly."
Case Studies
HREF funds £4.66m loan secured on Scottish Borders farm
The 24-month facility will be used to refinance an existing loan and release new capital for the borrower’s “Born in Scotland” business.
Case Studies
Somo completes £1.65m bridging loan on London mansion in 14 days
The loan, at 70% loan-to-value (LTV), gave the property developer more time to sell the investment and paid off the outgoing lender.
Specialist Finance
Arc & Co. completes £5.5m refinance of New Bond Street retail asset
Arc & Co. has arranged a £5.5m commercial loan to refinance a retail and upper parts property on New Bond Street.