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 completed a £4m loan to innovative housing developer Pocket Living– who deliver well-designed, local and affordable homes for first-time buyers; Pocket has since secured an unconditional land deal to develop over 150 affordable homes in Central Croydon; To date Pocket Living has a future pipeline of 650 units and is working with […]
OakNorth has completed a loan of £21m for the development of a new 40-bedroom luxury hotel in Holborn – L’Oscar; In addition to the £21m being provided by OakNorth, RM Funds is lending a further £3m; OakNorth was introduced to the deal by Stonehouse Finance. OakNorth – has completed its largest deal since launching […]
SMEs in the UK currently save £66.6bn in deposit accounts[1], of which 74% (£49.3bn) is held with the big five banks[2]; These banks provide an average rate of 36%[3]compared to the average rate being offered by the top 10 ‘challenger’ banks of 1.45%[4]; This is a difference in interest of 1.09%, equating to a […]
OakNorth has lent £2m to Warwick Estates – the established property management business which manages over 850 sites, encompassing 27,500 units; The debt finance will assist the company in its ‘buy and build’ strategy as it looks to acquire other property management businesses and develop as a market leader in a fragmented market; Warwick Estates […]
OakNorth has lent £22m to Newby – the mix use property developer with a potential portfolio of over £300m; The loan has been used to acquire a vacant office building in the centre of York with permitted development rights for a 77-unit scheme. The GDV of the proposed development is £40m and construction is due […]
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]
