HTB completes £4.49m share-purchase funding for South Wales residential portfolios

• We funded a £4.49m advance for the share-purchase acquisition of two South Wales residential portfolios.
• The deal involved 65 properties and a complex share-purchase structure.
• Close collaboration with Business Finance Trust and legal teams kept the transaction on track.

The transaction was introduced by Business Finance Trust, led by Partner Kevin Beevers.

The purchaser acquired 100% of the shares in the two property companies for a combined price of £5.99 million. Our funding enabled the buyer to take ownership immediately, stabilise the portfolios and prepare for refinance onto a Specialist Mortgages buy-to-let facility, which we assessed during the process and issued at completion subject to standard conditions.

This was a complex case with several moving parts. The share-purchase structure meant we had to consider both the corporate position and the underlying residential assets across two entities. The portfolios also evolved slightly during the transaction as the seller progressed existing disposals, and the borrower sought clarity on asset values early in the process to support their acquisition strategy.

We worked closely with Glovers LLP and the borrower’s legal team to agree a structure that addressed both the corporate and residential elements in parallel. With intermediary support from Kevin Beevers, Partner at Business Finance Trust, we kept the approach aligned for both buyer and seller as the transaction developed. We also provided early valuation visibility in a way that supported the borrower’s cashflow strategy while managing exposure appropriately.

The transaction completed successfully, allowing the purchaser to begin reviewing rents, addressing vacant units and shaping the portfolios ahead of the planned specialist mortgage refinance with us.

Barry Ireland, Regional Account Manager, Bridging Finance, said:

This was a complex acquisition with several moving parts, so establishing the structure early was essential. Kevin’s early grasp of the share-purchase dynamics and his experience with cases of this type helped us align the corporate and property elements quickly. A key challenge was ensuring the approach worked within the borrower’s cashflow position, given that passing income was not sufficient. By considering the wider trading position and how the portfolios would operate post-acquisition, we were able to agree a servicing approach that supported their strategy and kept the transaction on a sound footing. That clarity and collaboration kept momentum throughout and allowed us to reach an outcome that worked for everyone involved.

Kevin Beevers, Partner at Business Finance Trust, said:

This case needed a lender who could take a detailed but pragmatic view of how the share purchase was being structured. HTB were accessible throughout, and the direct conversations at each stage helped us work through changes as they arose and give the client confidence in the path ahead. Their flexible approach to valuation and engagement was a key factor in keeping the transaction on track.

Andrea Glasgow, Sales Director, Specialist Mortgages & Bridging Finance, said:

Share-purchase acquisitions and evolving asset schedules require clarity from the outset and consistent engagement throughout. For brokers, having direct access to decision-makers is what keeps momentum when the shape of a transaction changes. This case shows how structured thinking and open communication give brokers the confidence to progress with complex acquisitions and support their clients’ wider strategies.