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The finance will be used to acquire Old Raven House, a grade II listed detached care home registered with the Care Quality Commission; The site consists of 29 bedrooms but has planning permission to add a further nine bedrooms to take total capacity to 45 residents; The care home has been 100 percent occupied for […]
OakNorth has completed a transaction with Westcombe Group, a leading property developer established for over 50 years focused on luxury developments in London; The finance will be used to develop several residential properties in Isleworth in the London Borough of Hounslow and Northwood in the London Borough of Hillingdon; The properties will be focused on […]
OakNorth, which has lent over £2.7bn to businesses across the UK, has today announced a strategic partnership with ClearBank®. The business will leverage ClearBank®’s platform to provide highly scalable real-time payments and agency banking services. OakNorth will start off by using ClearBank®’s real-time Faster Payments infrastructure, allowing for instant payments. Amir Nooriala, COO of OakNorth, […]
The finance will be used to develop a mixed-use scheme in Dollis Hill comprising of 113 residential units (including 24 affordable homes) and over 6,300 sq.ft. of commercial space; The area is famed for its rich history with the British Post Office Research Station which was the home of technological breakthroughs such as Ernie and […]
The loan will partially finance the acquisition of an existing hotel and fund its conversion into a 59-bedroom boutique hotel; The new hotel brand – Bike and Boot – will provide a modern leisure escape with funky interiors, a range of unique facilities, and affordable prices; The experienced duo plan to open four hotels under […]
OakNorth has provided Northumberland’s largest independent accommodation provider, The Inn Collection Group, with an additional £10m funding package to support its expansion; This is the second loan OakNorth has provided to the group – the first was in June last year enabling the business to open two new sites, bringing its total portfolio to nine […]
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]