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PCL (Prime Central London)

£15M Buy to Let: Funded newly refurbished high single value.

Low-angle monochrome view of grand, sweeping curved historic stone facades in Prime Central London, with a prominent architectural dome on the roofline selectively highlighted in bright teal.

Refinanced a Prime Central London ground-up development nearing completion. The facility funded remaining works, allowed time to secure certificates and warranties, supported practical completion, and enabled short-term accommodation income to service debt while a long-term tenant was secured.

Facility Size£15m
LTV on PurchaseN/A
LTV on Value65%
Assets FundedBrand new redevelopment of prime residential stock creating new price points in the market

How we structured it

Navigated cost overruns

Refinance of a property which had seen cost overruns and maturity of the development finance

3-week turnaround

Completed the transaction within 3 weeks from Enquiry to completion

Flexible warranty provisions

Was able to complete with warranty provisions to follow as a condition subsequent rather than a CP, ensuring completion.

LocationLondon, UK
Deal Amount£15m
Deal TypeBuy to Let
Team Members