The £2.6m senior debt facility will enable the developer to convert a Grade II listed detached property into 3 residential units.

The new Kirkstall Forge suburb in western Leeds will comprise more than 1,400 homes, offices, hospitality and leisure venues

The serviced office, located in Devon, is set in 70 acres of land and comprises 14 buildings and 150,000 sqft of income-producing space.

The scheme is set to create 73 one and two-bedroom flats, providing much-needed housing for buyers in the popular commuter town.

The borrower's project was delayed due to underpinning works on a neighbour’s house.

The £14.25m development exit loan takes the lender's cumulative lending to nearly £800m.

The deal was offered at 0.84% per month and completed in 17 days, one day before the existing deadline.

Milliard Homes submitted the case via The Commercial Mortgage Practice after it fell through with another lender.

The property in Barnet, north London, had planning permission for a change of use from a clinic to a three-bedroom residential family home.

The loan provides funding to the MUI Group to refinance existing loans and finance a comprehensive refurbishment of the property.