Due to its size and complexity, the case was presented to the Transactional Credit Committee.

Valuations for the transaction were undertaken by Knight Frank, and legal due diligence was provided by Trowers & Hamlin in London.

The deal involved leveraging one of the most notable classical villas in southern Spain.

Despite challenges such as material and labour shortages, the deal was completed in just 17 days.

The portfolio included a mix of HMOs, purpose-built flats, converted units, and terraced houses.

The South London scheme comprised 9 homes with a predicted gross development value of £6.7m

The complex facility was structured into three transactions to complement the varying stages of the site.

The listed building will be sensitively renovated to create 64 spacious, beachfront two and three-bedroom apartments.

The latest deal marks another high-end completion for the lender, further cementing its reputation in London’s super-prime property sector.

The scheme comprises a mixture of bungalows and detached houses, ranging from two to four bedrooms.