September 2020 – 23 units – Loan size £360k bridge

Property development funding in Hexham, Northumberland

Refinancing of a greenfield residential development site, to be followed by a £3.5m loan for a 20-month phased development of 11 private and 12 affordable residential units. The private timber-framed units will offer generous outdoor space, on-site parking and stunning views of the Taw estuary through “reversed design,” which places the open-plan kitchen/living rooms on the top floor.

  • UK Residential Market Report 2022