HTB completes £20m facility to refinance strategic land portfolio

• We’ve completed a £20m+ development finance deal to refinance a strategic land portfolio.
• The facility supports land with planning permission across the South East and Midlands.
• It’s designed to give flexibility for phased sales and evolving planning positions.

The funding is secured against development land across the South East and Midlands, all with planning permission in place for a pipeline of new homes.

The borrower plans to use the loan to support the sale of consented sites to UK housebuilders, as well as their own housebuilding business.

We structured the facility to accommodate phased sales, changing planning statuses, and a portfolio held across multiple companies.

The deal was introduced to us by GHJ Advisory.

Tim Mycock, Lending Director, Development Finance, HTB, said:

This was a highly structured facility that needed to reflect both the composite nature of the portfolio and the needs of an experienced land investor. We were able to bring real clarity to the structuring, while maintaining the flexibility the borrower required. It was a great collaborative effort across our team and with the broker, and I am pleased we were able to deliver exactly what was needed to support the borrower’s objectives.

 

John Fay, Director, GHJ Advisory, added:

GHJ Advisory was delighted to introduce this opportunity and collaborate with HTB in providing this significant facility for our long-standing and valued client. This respected UK investor sought speed, accuracy and professionalism, all of which HTB delivered in spades. A great team effort by both the HTB central team and the GHJ broker.

 

Neil Leitch, Managing Director, Development Finance, HTB, said:

There is strong demand in this market for lenders who can provide certainty and structure for land transactions. Investors need funding they can rely on, particularly where there are phased exits, evolving planning positions and multiple ownership layers involved. This is exactly where HTB can add value. I am pleased to see us continuing to support experienced land investors with a facility that meets their real-world requirements, and we look forward to building the relationship further.

 

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