During November, we originated £80 million of new lending, a record for the business, as we continue to attract both new and existing borrowers to our growing Lifecycle Lending development, residential and commercial product range.
Highlights include:
- A £31.3 million short-term loan to fund the purchase of a West London office development
- A record development deal of more than £20 million for a Brighton residential scheme
- First loans originated with the new Commercial Term product and latest Buy-to-let product
- Loans completed across residential, commercial and development product sets
