We would like to kick start 2024 by reflecting on how we ended 2023 on a high note. At a time when many lenders are getting cold feet on projects they've agreed to fund and paring down their lending appetite, we had a record quarter of lending in Q4 2023.
Last quarter, we funded a variety of property developments sitting at both ends of the scale. From high-end schemes such as the conversion of a Grade II listed property into 3 residential units in Saffron Walden, to more affordable schemes such as the development of a site into 21 residential units in Bexhill on Sea and the development of 14 apartments in Devon.
Below is a sneak peek of some of the projects we funded last quarter:
Devon: We funded the acquisition and development of 14 new build apartments in Devon.
Essex: We funded the conversion of a Grade II listed detached property into 3 residential units in Saffron Walden.
Lincolnshire: We funded the part built residential development of 2 detached houses in Gainsborough.
Surrey: We delivered a £5m senior development loan facility to allow the development of an £8.5m GDV scheme on the Crown Estate in Oxshott.
At Blend, we focus on what’s most important to developers – swift, transparent, reliable and expertise-based decisions giving developers we work with an edge in closing deals. So, whatever you're up to this year, we are here to support you with your development schemes.
Whether you've heard of us but we’ve never spoken with you and you’re exploring your options, or whether you’re feeling positive that now is the right time to proceed with a project and want to ensure you have the capital to opportunistically do this, feel free to get in touch and we’ll see if we can help.
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BLEND Loan Network Limited is registered in England and Wales. Registered office: Evelyn House, 142 New Cavendish Street, London W1W 6YF.
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