Vengrove, on behalf of VRE Social Housing Partners (VRESHP), has completed the off-market purchase of seven freehold residential properties in North London. The acquisition adds a further 62 units to the VRESHP portfolio and will provide affordable housing to individuals and families. Vengrove will continue to manage the properties and work closely with selected charities […]
Aldermore has provided a £6.8m property development loan to Russell Armer Homes for its Bowland Fold housing development in Halton, Lancashire just a few miles north east of Lancaster. The development is a joint venture between Russell Armer Homes and the Housing Growth Partnership (HGP) where Russell Armer is one of HGP’s first partners to […]
Foot Anstey LLP’s Islamic Finance team has completed a significant shariah-compatible refinance of the UK HQ of an international law firm in Moorgate for Riyad Bank (London Branch), the largest shariah-compatible transaction upon which the London Branch has acted. The Foot Anstey team included Zahir Nayani (partner), Kate Heard (Senior Associate) and Leena Payyappilly (associate). […]
British Business Investments today announces a £20m commitment to funds managed by Beach Point Capital Management (Beach Point). Beach Point has successfully run funds in the United States and Ireland and is now expanding into the UK market. This commitment by British Business Investments will enable Beach Point to make investments of between £2m and […]
Allica Bank – the fintech challenger bank dedicated to serving and supporting Britain’s established small and medium sized businesses – has today announced that it has reached its largest milestone yet with over £1bn in loans to Britain’s SMEs as at end June 2022. Allica is no stranger to setting, and achieving, ambitious targets for […]
A former surveyor who was inspired to transform a skip hire business into a recycling and waste management facility after renovating his own home is expanding his operation thanks to a £1.8m refinance package from Unity Trust Bank. Julian Knights, who set up Radical Waste Group in 2015, has used the funding to consolidate the […]
Secured lending newcomer Bergen Finance has lent more than £29m in its first six months of trading, with a further £40m in legal diligence. Bergen, which is headquartered in London and has offices in Leeds and Manchester, provides real estate-backed loans to a diverse range of corporate borrowers and has already completed loans in all […]
Specialist marketplace lender Assetz Capital have provided a £1.2m development loan to experienced developer CJC Estates to build four high end homes in Aberdare, South Wales. Located in the village of Llwydcoed, one mile north of Aberdare, the developer plans to construct four 4-bed detached residential dwellings on a plot of land acquired in 2019. […]
With over 20 years’ experience, this company primarily manages wet waste management services such as drainage, sewers and road sweeping for a variety of customers, including local councils, blue chip clients and emergency and residential clients. The business was looking for a funding solution which would enable them to purchase a new hard asset to help streamline […]
RSM has advised leading specialist traffic management vehicle supplier, Blakedale, on its sale to Northgate Vehicle Hire, a division of leading integrated mobility solutions provider Redde Northgate plc. Blakedale, a family-owned business based in Chorley, Lancashire, was established 30 years ago and is now the UK’s largest privately owned traffic management company, with its vehicles […]
