Building growth for property developers & investors
We’ve financed every kind of real estate and property development project you can imagine, from sustainable homes and student housing, to rugby stadiums and cutting-edge laboratories.
We’re proud to have financed property development projects that regenerate neighbourhoods, create net-zero smart homes, and have helped to drive the growth of the UK’s science and technology sector.
Meet Kevin McCabe, Founder & Chairman of Scarborough Group
Kevin found that a lot of banks had little understanding of what property businesses needed, but with OakNorth he could see that we were actually listening to his goals and ambitions. As a result, we were able to finance multiple property schemes in Leeds to transform the area with a major new office building and a new stadium.
We look at some of the key real estate sub-sectors—PBSA, offices, build-to-rent, and retail—highlighting trends from the past six months and forecasting what’s ahead in the next six months. Discover deeper insights into the industry now.
Self-storage provider, STOREX, to expand portfolio across Greater London, following £30.2m loan from OakNorth
OakNorth backs new joint venture between Dukesmead Property Group, Kyte Property and Grosvenor Hill, with £2.25m loan to fund maiden supported living scheme
OakNorth completes £48.3m loan to visionary developer, Vabel, for major new mixed-use scheme in Queensway
OakNorth has provided a £19.5m co-loan with ASK Partners to independent hotel management business, Capilon Hotels Group.
OakNorth provides £25m loan to fast-growing property lending firm, Blue Shield Capital, to fund new real estate bridging loans
OakNorth provided a further £12.2m loan to returning customer and SME housebuilder, honey, to fund part of two residential schemes.
We’re entrepreneurs at heart, so we build our real estate loans with business owners front and centre. That means no inflexible and inefficient finance facilities, no-time wasting, and no ambiguity. Just straightforward debt finance without giving up equity.
Not sure which financing you need? From term debt to revolving credit facilities and bridging loans, our financing is bespoke to your use case. Find out more about the different types of debt in our guide to business loans. Or, first time financing property? Check out our complete guide to property development financing to find out more.
If you have a clear vision for growth, we can make it happen. Speak to a member of our team and we’ll help you kickstart your next move.
Our speed and flexibility: we’ll work with you to design something truly bespoke – so you can acquire and refurbish a site all under one facility, for example. And we’ll do it far quicker than high street banks.
We have years of experience helping businesses avoid the pitfalls of project-by-project financing. Our umbrella facilities allow for multiple projects and the acquisition of new assets, so you can deliver projects more quickly and reduce costs.
Along with taking the time to speak to you and understand your objectives, we also use forecasting tools to get a sense of where you’re going. We’re not restricted by historic financials, which means we can build something truly personalised, that takes into account your business’ growth trajectory.
The cost of your loan is based on what kind of borrower you are, or your risk profile, which depends on factors like credit history, industry sector and more. We focus on speed, flexibility and competitive terms over price.
Depending on factors like your business’ risk profile and what you need the funding for, we can provide amortising loans, where you gradually pay off your debt with regular payments, as well as non-amortising loans, where you pay off the loan in a lump sum.
