In this Q&A with Bridging & Commercial, Head of Development Finance Jake McCausland discusses what’s driving demand, what the lender has learned so far, and how it’s shaping future plans.
London Credit has completed a development finance facility to support the conversion of a former commercial block into six residential units and one commercial unit in South West London.
For commercial and semi-commercial borrowers, the 60bps rate reduction is intended to support larger, higher-value projects while keeping costs under control, while for residential borrowers, the sharper pricing is aimed at improving affordability and flexibility at a time when speed and certainty remain key priorities.
As brokers, the opportunity lies in supporting these projects with speed, insight, and the right financial partners. At London Credit, we’re committed to being just that.
London Credit has completed a £325,000 bridging loan to support the urgent purchase of a commercial property in Birkenhead, helping a returning client secure their next investment without delay.