Permitted Development

Helping meet local regeneration targets

We helped convert a vacant office in Brent Cross into 45 new homes as part of the local regeneration plan.

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We provided a stretched senior development facility to an experienced developer team based in London.

We assisted our client in the purchase and conversion of this four-storey office building. This project delivers much needed affordable housing to a part of London that is usually beyond the reach of first time buyers. All the homes we helped fund are eligible for Help to Buy.

Gross Loan

£8.4M

Term

12 Months

LTV

73%

Units Created

45

Exit Method

Sales

“We were impressed at the skill and expertise of the borrower and as such were comfortable to provide higher leverage.”

- Martin Gilsenan, Director of Origination

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