We recently completed a £2.8 million refurbishment loan for an office-to-residential conversion in Manchester.

The property consists of a former office space with approved planning to convert it into 24 self-contained flats, featuring a mix of one, two, and three-bedroom units. Although the scale of the build is significant, the construction works are relatively straightforward as no structural changes are required.

We were pleased to offer the loan, enabling the borrower to initiate this conversion project. It is a fantastic opportunity, and we are excited to support the development. We will be closely following the progress of the transformation and look forward to visiting the site as it advances.