Secure Trust Bank delivered the £3m bridging product within 29 days of the first enquiry to meet the tight turnaround required.

The bank set a new monthly record for the highest value of offers in October this year.

This latest funding follows the completion of a £7.6m loan to convert an office building in High Wycombe into 52 apartments, announced on Tuesday.

An earlier phase of the restructure included a £7.5 million refinance.

The semi-commercial development comprises two ground-floor retail units and eight apartments across four floors, totalling 8,888 square feet.

The Wilton Park scheme will deliver 95 assisted living apartments for over 55s.

SHC Capital has secured more than £100m in finance for Euroterra Capital during a decade-long partnership with the developer.

The scheme will deliver 52 apartments, including 43 studios.

OpCo-PropCo and commercial investment facilities were completed within four and six weeks respectively.

The loan was agreed at 75% LTV at 0.78% flat over a 10 month term.