DEBENHAMS Bridging Finance deal -Sanctioned without planning

• January 26, 2022

Bridging Deals agreed

Commercial Bridging Loan No planning


Deal 1

  • Care Home purchased to convert to 11 bed HMO
  • no planning
  • 65% purchase price
  • 100% funding of development upon receipt of planning
  • 0.82% pcm
  • 18 month deal
  • no exit fee


 Deal 2

  • Asset purchase price - £4m
  • Asset Type - Large vacant high street retail building (Debenhams) seeking residential planning
  • Loan Sanctioned Value - £2.6m (65% Loan to value )
  • Rate - 7% pa
  • Arrangement Fee 1%
  • Exit Fee - 1%



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