The borrower intends to complete the refurbishment in phases to ensure that each property is fully restored before being sold individually, thereby maximising the portfolio's overall...

The site has been developed to meet the growing demand for student accommodation, driven by the city’s two major universities

The project will provide a mix of accommodation across 9 houses in a suburban setting.

The latest cuts follow a rate cut in October last year.

The funding was structured to be delivered in tranches, facilitating the phased completion of the project.

The lender has announced that it has successfully completed a tailored Structured Real Estate finance deal in just six weeks, which supported the transformation of office spaces into...

The scheme is located in the popular Orchard Park area, just outside Cambridge city centre and close to nearby universities, including the University of Cambridge and Anglia Ruskin...

The deal took three months to complete and was delivered at 65% LTGDV, with a gross facility of £10m and for a term of 24 months.

Despite complexities, the borrower was able to refinance their existing facility, secure additional funds for future projects, and focus on marketing the remaining properties.

The project involved the acquisition and modernisation of 16 flats, with plans to create two additional units upon securing planning permission.