Westbury is delighted to advise a London-based mid-cap developer on a £10.9m development exit facility for a landmark mixed-use scheme within the heart Square Mile – featuring 17 prime apartments and a ground-floor commercial unit. 

The client has a rich history of developing prime central London schemes for more than 40 years, including iconic developments with a GDV exceeding £1bn. 

Alex Mills, Relationship Director, at Shawbrook, commented, “Leveraging the borrower’s strong track record and our in-house development finance expertise, we were able to consolidate the funding into a single, flexible, and bespoke facility. This gave the client the breathing space needed to complete the project and deliver high-quality homes to the market”

This transaction represents the continued strength of relationships with both client and lending institutions and reflects our ability to navigate complex transactions with speed and trust.