Real Estate
OakNorth Bank completes £6m facility to redevelop the Chalk Lane Hotel into new major luxury residential scheme in Surrey
The capital from OakNorth Bank will help with the conversion of the Chalk Lane Hotel into a new 21-unit luxury residential scheme in Epsom; The Chalk Lane Residences scheme will consist of one to four-bedroom apartments, offering residents car and cycle parking, as well as private and communal gardens; Located within one of Epsom’s most […]
Real Estate
OakNorth Bank completes £4.9m CBILS loan to North Yorkshire-based property developer for new rural housing development in Harrogate
The capital from OakNorth Bank will be used to complete a new residential scheme consisting of nine luxury houses in South Stainley, Harrogate; from Leeds and York; The neighbouring area of Ryedale in North Yorkshire is England’s most popular countryside location, so it’s perhaps unsurprising that eight of the nine Church Farm South Stainley Developments […]
Real Estate
OakNorth Bank completes £1.1m loan to Northumberland-based Birchdove Homes
The loan from OakNorth Bank will be used to refinance existing debt on a residential development located in the affluent market town of Hexham, Northumberland; The development consists of eight houses – three of which have already been sold and another three which are reserved; The surrounding area is characterized by a mixture of residential […]
Real Estate
OakNorth Bank completes £6m property development facility with Redsky Homes for new mixed-use scheme in Ealing
The capital will be used to fund the development of 22 residential units and commercial units in the London Borough of Ealing; The team at Redsky Homes has successfully completed several mixed-use schemes in and around London, including in Farnham Common, Slough and High Wycombe; Zoopla’s latest monthly House Price Index has revealed that annual […]
Real Estate
OakNorth Bank and ASK Partners complete a £6.35m loan for new 112-bed Purpose Built Student Accommodation in Falmouth, Cornwall
Real estate finance specialist ASK Partners has provided funding to Hydrogen Falmouth, the student living arm of a leading property investment and development company, alongside a Coronavirus Business Interruption Loan (CBIL) from OakNorth Bank; The finance will be used to develop a new five-storey, 112-bedroom Purpose Built Student Accommodation (PBSA) within Falmouth’s town centre; HMO […]
Real Estate
OakNorth Bank completes £7m partial CBILS loan to support the sale of 21 homes in Weybridge, Surrey
The £7m marketing bridge facility (£5m CBILS and £2m non-CBILS) will be used to refinance existing debt and allow time for the sale of 21 residential units in Surrey; The residential units form part of a 5-storey mixed-use scheme, comprising of 46 flats and two retail units on the ground floor; The site, located on […]