We advised on and arranged a senior loan on two luxury barn conversions in Northamptonshire.
The client had originally been dealing with J3 in relation to their insurance requirements, but after being offered a set of uncompetitive finance terms elsewhere, we were mandated to secure competitive development funding on this bespoke site.
By utilising background portfolio assets, we were able to arrange a well-priced senior debt facility of £920,000 over 15 months to assist with the site’s conversion.