The £1.65 million facility included a £1 million capital raise for a Tenerife purchase.

The borrower faced a six-week deadline to repay their bridge facility, which was fully cleared.

Early legal instruction and indemnified searches allowed immediate execution once the offer was approved.

Last month, the lender completed an £8.28m facility to support the acquisition and preparatory works for a landmark development site in central Manchester.

The £1.2 million facility was structured on a five-year fixed, interest-only basis at 70% LTV.

The Bedford Row offices cover more than 27,000 sq ft across three Georgian townhouses.

Arc & Co. has completed multiple £20m+ funding transactions so far this year.

This latest deal follows the bank completing a £17.1 million facility to refinance land for the next stage of a major regeneration project in Luton earlier this month.

Phase two will deliver 592 residential units across three towers.

The 63-unit block was valued at £8.75m and formed part of a broader refinancing strategy.