Despite challenges such as material and labour shortages, the deal was completed in just 17 days.

The portfolio included a mix of HMOs, purpose-built flats, converted units, and terraced houses.

The South London scheme comprised 9 homes with a predicted gross development value of £6.7m

The complex facility was structured into three transactions to complement the varying stages of the site.

The listed building will be sensitively renovated to create 64 spacious, beachfront two and three-bedroom apartments.

The latest deal marks another high-end completion for the lender, further cementing its reputation in London’s super-prime property sector.

The scheme comprises a mixture of bungalows and detached houses, ranging from two to four bedrooms.

The deal was supported by solicitors Shepherd and Wedderburn, along with the assistance of Julie Percy, Relationship Support Specialist at STB.

The development, a first for Birmingham, will include a two-storey rooftop extension to a former university building, and the provision of shared facilities.

The new development aims to bring much-needed homes to Sheffield while supporting the city’s wider regeneration.