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OakNorth has lent £12m to Barry Howard Homes (BHH) – the property development company, headquartered in Northampton; The facility will be used to purchase a 12-acre piece of land located in Northampton and develop 139 residential units on it; Heylo Housing, the affordable housing property company, has agreed to purchase 83 units under HCA’s Shared […]
The group currently has six sites across London, as well as one in Courchevel, France – an après-ski bar; This is the third loan OakNorth has done to the group – the first was in 2015 to fund the opening of a fourth site, and the second was last year to open two new sites […]
OakNorth has providedover £1.2 billion of gross lending in the UK – up from £300 million a year ago – helpingover 200 UK businesses achieve their growth ambitions; Its loans have directlyhelped with the creation of 5,100 new homes and 4,000 new jobs in the UK; The bank reported a pre-tax profit of £10.6 million […]
OakNorth has completed a £9.1m loan to Fusion Residential – the design house behind some of the most ground-breaking projects across North London in recent years including The Collection in Finchley and Palazzo in Hadley Wood; The loan will be used to acquire and develop a new 10-apartment residential site in Radlett, Hertfordshire. OakNorth […]
OakNorth has lent £21m to Strawberry Star – the international property company established in 2007 by property mogul Santhosh Gowda; RM Secured Direct Lending PLC has provided a further £4.9m of debt, bringing the total loan amount to almost £26m and the GDV to over £46m; The loan will be used to purchase a site […]
The bank is offering a table-topping rate of 1.35% on its 12-month fixed rate cash ISA and a top-three rate of 1.05% on its easy access cash ISA; The bank already has over 15,000 savings customers but is keen to boost this as it looks to lend a further £1.5bn in high quality loans to […]
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]