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.

The deal involved six properties: four detached and two semi-detached.

The assets, valued at £4.54 million, include a mix of retail and residential units.

The £38m revolving credit facility covers six sites with a GDV of approximately £168m.

The transaction was completed in just 12 working days from initial contact.