We’re proud to announce the completion of a Landlord Solutions loan in South London, with a £6m facility to fund the acquisition of a former care home. The project includes a certificate of lawful use application to regularise the property as a 30 bed HMO, alongside the refurbishment of eight apartments.
A huge thank you to Redmond Byrne and Tom Sneddon at Brecher and Philip Cazenove of Cluttons for their support on this project.
Simon Chapman, Lending Director at Pluto Finance commented: “This transaction showcases the adaptability of our Landlord Solutions product and the importance of understanding complex planning use. It’s been a pleasure working with all involved to deliver a funding solution that supports both acquisition and refurbishment.”