Shawbrook has supported SES Property Group with funding for a development in Wimbledon - the fourth project since the relationship was established in 2018.
![Case study: Shawbrook completes £1.82m development loan for project in Wimbledon handshake 77](https://barcadiapublications.fra1.cdn.digitaloceanspaces.com/property-reporter/img/list/16541-shutterstock_407029039.jpg?v=a44fc5dcb5faad2406ce27390c1df326)
Shawbrook has supported SES Property Group with funding for a development in Wimbledon - the fourth project since the relationship was established in 2018.
The bank accepted an unmortgaged property as security instead of cash and completed the case in 36 days from credit approval.
The two firms managed to get the deal over the line in record time, saving the client a 'substantial' six-figure sum in Stamp Duty Land Tax.
The five-unit development comprises two semi-detached and two detached houses in a private close, each with its own parking space.
The lender has lowered rates across selected 90% LTV products by up to 55bps following customer feedback and changes in market activity.
The number of residential planning applications granted in England has fallen by -8.3% on the year with grants for major developments seeing the biggest drop of all.
Daniel Austin, CEO and co-founder at ASK Partners looks at the potential of adaptive reuse for housebuilding growth.
Paul Johnson, Head of Corporate Sales at Leaders Romans Group looks at the process of converting a hotel to a residential property and how best to navigate the associated challenges.
Sirius Property Finance has analysed England’s current mixed-use property market to see which parts of the nation have the largest available stock, and how the value of such...
While this website is checked for accuracy, Barcadia Media Limited are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances.