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OakNorth Bank completes loan to Birmingham-based Macc Care for the development of a new major care home in Solihull
OakNorth Bank has completed a transaction with Macc Care, the West Midlands care home operator with nine care homes across Birmingham and the West Midlands; The capital will be used to develop a new care home in Blythe Valley Park, a mixed-use business and leisure development on the edge of Solihull; The c.55,000 sq.ft. development […]
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 […]
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 […]
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 […]
Pension savers on Insignis can now access OakNorth Bank’s savings products, enabling them to make the most of their pension pots
OakNorth Bank is offering its products to pension savers for the first time through its partnership with Insignis, the leading cash solutions provider; The cash component of pension pots usually earns little to no interest. The Insignis savings marketplace solves this problem by introducing pension savers to interest-bearing cash products of various savings providers, one […]
OakNorth Bank agrees £16.5m facility with Mumbles Group to refinance three operating assets and acquire two new petrol filling stations with convenience stores in Newquay and Guildford
The facility will allow capital to be released into Mumbles Group and allow them to grow their business through the acquisition and redevelopment of two new sites in in Newquay and Guildford; Mumbles Group has a good track record in this sector, having completed seven projects in this space since 2014; Forecourts are an important […]
