Our client was converting a Georgian central Edinburgh townhouse into a luxury serviced apartment scheme. With leverage being a focus whilst still ensuring serviceability on the refinance was ok we arranged a £4.5m senior debt facility to refinance the existing bank and provide 100% of the build costs.

We are engaged to raise debt and equity for a well known Birmingham Developer. The requirement is the first of many schemes over the next 10 years with a £30m total facility required for the purchase and development for this scheme. With a stabilised GDV of £40m.

Scotland is a tricky market at the moment due to recent rent freezes putting investors off. However we have arranged credit backed terms for a BTS scheme in central belt Scotland for both the debt and equity to fund the build of this £30m GDV scheme. Next into the legal and valuation process with anticipation of completion in October / November.

A client had recently completed a impressive scheme in the midlands. Having sold a majority of the apartments he was looking at retaining 8 of them to keep in their BTL portfolio. Having redeemed the development funder the refinance was to release equity out of the units to free up equity for the next project. We arranged a 75% LTV facility on a 5 year fix at 5.2% which was the cheapest on the market in May 2023. total facility being £11m.

Exiting phase 1 of a large development via refinancing onto BTL facilties. A total of 22 units transferred to a holdco to allow them to be let out. £12m facility

Approached to raise debt and equity for a super prime development in central London. A difficult market to find a JV partner for however there are still funds with appetites in the prime London space. This conversion will consist of 5 flats totalling £44m GDV with a total purchase and build cost of £30m.