Broker SPF Private Clients has arranged a £26.8m development loan for Bicester Motion on the 444-acre future mobility estate in Bicester, Oxfordshire.

The case was completed within the required timeframe despite the applicant changing the lead company name at the eleventh hour.

Funding from the specialist development finance lender will be used to develop 9 flats for sale on the open market.

The client was able to secure a 75% LTV bridging loan at 0.86% after Norton approached specialist lender, StreamBank.

The £6.4m refinance enabled the borrower to meet a critical deadline and unlock liquidity for future acquisitions.

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Inspired Lending has provided a £934,000 loan facility to refinance a tenanted residential investment property in Kent.

The loan was delivered at 70% LTV with a 24-month term

The case was made complex as the self-employed applicants had three separate income streams for TML to consider

The loan is at 75% LTV, fixed for five years at 6.59% — a bespoke rate available from the lender.