Sirius Finance has successfully structured a portfolio refinance loan of £18.4m on a mixed-use portfolio across Greater Manchester.
The client wanted to refinance an existing portfolio to incorporate into a limited company, achieve a cheaper rate than their existing facility and raise a further £3m to fund further property acquisition.
James Cassidy, Senior Associate at Sirius Finance, was able to secure the loan required at an LTV of 74%.
He said, “This was a complex refinance involving multiple residential and semi-commercial assets, with the added nuance of moving the portfolio into a limited company structure. The client had clear objectives – to secure a more competitive rate, restructure ownership, and release capital for future acquisitions; we were pleased to deliver on all fronts.
“Large portfolio deals like this naturally come with moving parts, but this transaction once again demonstrates Sirius’ ability to structure and deliver high-value funding solutions. It’s a strong example of how we support professional landlords in scaling their portfolios while optimising their financial position.”
If you’re exploring bridging or development finance, get in touch and we can connect you with the right lender.
