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OakNorth, has completed a Β£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 Β£20.7m loan to Fortis Group, one of the UKβs fastest growing development companies; The finance will be used to develop hundreds of new homes in Manchester β minutes from Salford Central station β as well as two retail units; All the units have already been pre-sold to individual buyers; Manchester is […]
OakNorth has provided a Β£25m facility to ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW) β the London Stock Exchange-listed fund specialising in first mortgage property investment loans secured against UK commercial real estate; LBOW has a market capitalisation in excess of Β£125m. LBOWβs Investment Adviser, ICG-Longbow, is the real estate division of Intermediate […]
Martin Stewart will join fellow advisory board members, Lord (Adair) Turner, Lord (Francis) Maude, and Nick Lee who was formerly the Head of New Banks at the Bank of England; Martinβs experience will help ensure we can continue building on this positive impact and supporting the SME community, despite potentially challenging economic conditions in the […]
Mabec will use the finance from OakNorth to develop two major student accommodation sites β one in Nottingham and one in Sheffield; The site in Sheffield will be developed at the former Sheffield Star Building which was home of the iconic local newspaper for several decades. The building will have 259 student bedrooms; In Nottingham, […]
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]