The mortgage was delivered to the client within four days after a loan with a different lender had fallen through

The deal was completed at 75% LTV on Aspen’s Flat Rate at 0.89% over 12 months

The lender arranged the care home purchase in Kent with funding from two lenders, TAB and LendInvest.

HREF quickly stepped in to complete the loan after the borrower had been let down by another lender.

The scheme consists of a mixture of flats, terraced, semi-detached, and detached homes

The 75% LTV light development loan was completed in just five days

The loan is the third deal between Secure Trust Bank Real Estate Finance and Bruckland Developments since 2020

The funding agreement marks the second time Octopus Real Estate (part of Octopus Investments) and Wavensmere Homes have teamed up to deliver brownfield regeneration in Derby

The large portfolio comprised 94 units split across 17 limited companies

The transaction was crucial to the client’s transition from a partnership to a limited company.