The development will deliver eight new flats, comprising two one-bedroom, three two-bedroom and three three-bedroom units, along with private amenity space and 22 cycle spaces.

Borrowers can now access loan amounts from £100k+ up to 75% LTV.

Atelier has provided a £21.7m development loan to Study Inn Group to support a new purpose-built student accommodation scheme in Edgbaston, Birmingham.

Light development cases covering large-scale extensions and commercial-to-residential conversions now carry rates of 1.04% per month.

The new residential development finance product offers interest rates starting from 10.25% (Bank of England Base Rate of 3.75% plus 6.5%).

The partnership supports funding across three core stages of development, pre-development, build and exit.

The funding supports the second phase following the successful delivery of 31 homes in the scheme's first phase.

The Pallas Group manages a £1.8bn loan book and has completed more than 1,100 loans since 2016.

The Willow Bank development represents the largest single housing scheme in Ramsbottom for nearly 200 years on the site of the former Holcombe Paper Mill.

Cynergy Bank provided its first-ever hotel development facility, marking the lender's entry into a new sector through a £50m+ gross development value project.