The OakNorth newsroom
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]
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OakNorth has lent £40m to Earlsriver Ltd – a joint venture between experienced property developers, Chris Mason and Raj Sond, and Orlandis Capital; RS Property Finance provided a further £4.4m of debt, whilst Orlandis has invested £16m of equity – totalling £60m; The capital will be used to develop 129 homes (including 24 affordable units) […]
The bank is offering a table-topping rate of 1.85% on its 9-month fixed term deposit account – a product that is only available from two other providers in the market; The UK’s largest banks continue to offer pitiful returns – 0.77% on average for 12-month fixed term accounts offered by the five main high-street banks[1] […]
OakNorth has completed an £8.6m loan to the 50:50 joint venture between Galliard Homes and Apsley House Capital; The developers hope to use the finance to convert a vacant 254,400 sq.ft. site into a major new mixed-use development; Birmingham needs to develop over 4,000 new homes a year to keep up with demand, but is […]
OakNorth, has completed a £2m loan to Pocket Living to boost the number of affordable homes in London; Pocket Living works with over half of London Boroughs and is set to deliver over 1,000 affordable homes over the next three years; According to a Strategic Housing Market Assessment, London needs approx. 66,000 new homes to […]
Since its launch in September 2015, OakNorth has provided loans to several companies based in the North of England, including: Inn Collection Group, Newby, Kexgill, Mabec, Mason Partners and Select Property Group; Its loans have directly helped with the creation of 1,200 new jobs and 2,100 new homes in the North of England, with 9,500 […]
OakNorth has completed a £20.7m loan to Fortis Group, one of the UK’s fastest growing development companies; The finance will be used to develop hundreds of new homes in Manchester – minutes from Salford Central station – as well as two retail units; All the units have already been pre-sold to individual buyers; Manchester is […]
Stay in the know about our latest partnerships, customer success stories and all other things OakNorth.
For press enquiries, get in touch at [email protected]
