Milliard Homes submitted the case via The Commercial Mortgage Practice after it fell through with another lender.

The property in Barnet, north London, had planning permission for a change of use from a clinic to a three-bedroom residential family home.

The loan provides funding to the MUI Group to refinance existing loans and finance a comprehensive refurbishment of the property.

The complex case featured two six-bedroom properties in Buckinghamshire.

Both mixed-use properties feature commercial space on the lower floors with residential units above.

The £15.7m acquisition loan was to assist a borrower to fund the purchase of an office in Farringdon, London.

The three-year funding package will be part refinance and part development loan for future expansions.

The deal was completed within a month of the mandate being handed to Leumi UK and marks the fourth completed student accommodation deal between both parties

The deal was completed within two weeks and has helped to ease demand for student accommodation in the city.

Shawbrook has supported SES Property Group with funding for a development in Wimbledon - the fourth project since the relationship was established in 2018.