The lender structured the deal with a 70% LTV to refinance the existing loan.

The loan represents 60% of the £2.75 million gross development value of the property.

The 9-month bridge loan is Stamford Finance’s largest to date.

United Trust Bank (UTB) Structured Property Finance has announced that it has successfully completed a complex £5m commercial bridge on an £8.4m newly refurbished...

This latest deal follows Inspired Lending’s recent £2m commercial-to-HMO loan in Nottingham, which funded the purchase and full residential conversion of a vacant...

ZDF recently secured a three-year funding line of £45 million from Cynergy Bank.

The facility was structured over 14 months at 51% LTV, giving the borrower the breathing space needed to achieve full market value at 0.9% per month.

The loan was completed in 19 working days

The development is expected to achieve a gross development value of £12.2 million.

The borrower recently completed two industrial developments with two more sites holding planning consent.