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OakNorth Bank provides SME housebuilder, SC Property, with a £1.4M loan for a new residential scheme in Eastcote, London Borough of Hillingdon
Founded in 2017, Silver Circle (SC) Property specialises in delivering quality homes at an affordable price, having delivered 41 homes to date at various locations across the UK, with a further 19 due for completion in the next year; The capital from OakNorth Bank will be used to develop a new residential scheme in the […]
OakNorth Bank completes £32.6M loan with Dandi Group to develop a major new co-living scheme in Battersea
The loan is to Dandi Group, the multi-award-winning London based family office; The capital will be used to develop a new six-storey residential scheme with 159 co-living bedrooms at Hazel Court on Haydon Way, near Wandsworth Town station; Planning permission for the new scheme was granted in September 2021 and will see the c.16,000 sq.ft. […]
OakNorth Bank sees exceptional growth in 2021 with pre-tax profits up by 73% to £134.5mn
OakNorth Bank has today published its 2021 Annual Report, revealing a 73% increase in pre-tax profits to £134.5 million[1] (up from £77.6 million in 2020), and a 60% increase in new lending to £1.8 billion (up from £1.1 billion in 2020). By delivering this growth, OakNorth Bank deepened its support for UK businesses, powered by […]
OakNorth Bank provides loan to Strawberry Fields Nursery and Preschool to pursue “buy and build” strategy of nurseries with swimming academies
Based in Chorley, Strawberry Fields is a newly developed purpose-built full-day nursery in Chorley, Lancashire, with capacity for 110 kids, a café, and a swimming academy; The swimming academy provides Strawberry Fields with a differentiated offering in the market and an additional revenue stream outside of nursery hours; Despite only being open for a few […]
OakNorth Bank completes £40M loan to a social impact investment group that are offering innovative solutions to tackle the social housing and care crisis
The loan is to Grosvenor Hill, a newly formed social impact group led by the team behind Mountain Capital & MLX Capital, who have a long-standing track record of delivering high-quality real estate projects across the UK; Grosvenor Hill are a real estate and investment group that uniquely designs and develops projects in partnership with […]
OakNorth Bank provides SME housebuilder, Martin Homes, with a £13.6M loan for new major mixed-use scheme in Hove, Sussex
Founded in 2008, Martin Homes specialises in new build and conversion developments within the prime locations of London, Sussex, Surrey, and Kent; The capital from OakNorth Bank will be used to develop a new major-mixed use scheme in Hove, compromising of 52 apartments, a large office space and 25 private parking spaces; Situated on […]
