Shawbrook has supported SES Property Group with funding for a development in Wimbledon - the fourth project since the relationship was established in 2018.
The specialist bridge lender provided the £13m development exit loan to an experienced developer against 24 high-quality apartments in Denmark Hill, London.
Average rents had risen by an average of 0.8% in the years following the 2017 and 2019 elections, compared to a rise of 2.7% in the previous 3 elections.