
"By working closely with the borrower and acting quickly, we helped ensure a smooth transition under time-sensitive conditions"
- Mike Says - GB Bank
GB Bank has announced that it has provided a £2.5 million buy-to-let facility to support the transfer of an Oxfordshire residential portfolio into a newly created special purpose vehicle (SPV).
The transaction involved moving eight self-contained flats from personal ownership into the SPV as part of the investor’s wider refinancing strategy. The deal, completed to a tight deadline, formed a central element of the client’s broader restructuring programme and was delivered alongside further GB Bank funding.
This latest facility builds on the bank’s enhancements to its buy-to-let product range announced in June, which extended access to foreign nationals and expatriates who do not hold UK residency but maintain a UK bank account. The move aimed to widen participation in the UK property market by focusing on accessibility, tailored underwriting, and specialist support.
“This case is a great example of our ability to support investors with bespoke funding that aligns with their overall portfolio strategy,” said Mike Says, chief executive at GB Bank (pictured). “By working closely with the borrower and acting quickly, we helped ensure a smooth transition under time-sensitive conditions. It’s this agility and collaborative approach that makes GB Bank a reliable partner for brokers and their clients.”
GB Bank provides lending of up to £20 million for UK companies, individual investors and foreign nationals. Its product range is designed to support complex ownership structures, unique properties and non-standard borrowing requirements.