Shawbrook has supported SES Property Group with funding for a development in Wimbledon - the fourth project since the relationship was established in 2018.
![Case study: Shawbrook completes £1.82m development loan for project in Wimbledon handshake 77](https://www.propertyreporter.co.uk/images/320x224/16541-shutterstock_407029039.jpg)
Shawbrook has supported SES Property Group with funding for a development in Wimbledon - the fourth project since the relationship was established in 2018.
The specialist bridge lender provided the £13m development exit loan to an experienced developer against 24 high-quality apartments in Denmark Hill, London.
The funding from Atelier will see a Grade II listed building converted into a purpose-built student accommodation scheme in the centre of Bristol.
Octopus Energy recently partnered with Perenna to launch the ‘Zero Energy Bills’ home mortgage
Average rents had risen by an average of 0.8% in the years following the 2017 and 2019 elections, compared to a rise of 2.7% in the previous 3 elections.
The new 5-year fix has been designed to strengthen support for first-time buyers
Despite a degree of stability returning to the mortgage sector this year there’s still work to do, according to Octane Capital.
According to the lender, the new product has been launched to help property investors ride out a period of uncertainty in the market.
New analysis reveals people who rent in retirement could need almost £400,000 more in savings than those with no housing costs.
The lender has also announced a series of rate cuts across its existing five-year fixes
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