The Lewes project will bring 52 new homes and seven commercial units to the area.

Allsop’s first three 2025 auctions raised £125m across 187 lots.

The deal completed in six weeks with a 12-month term at 1% retained monthly interest.

The revised TAB Mortgage includes LTVs of up to 75% for residential and 70% for commercial properties

The deal follows Alternative Bridging’s announcement of a £150m funding line to boost residential lending.

54 lots were sold, of which eight were sold at £1m+

The latest enhancement follows key improvements made to the lender's heavy refurbishment bridging proposition earlier this month.

This latest update follows similar LTV increases for industrial and retail properties introduced in 2024.

Demand for office space leases is 19% higher than in the same period a year ago.

45% of the lots are located in London and the South East.