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Blackfinch completes £4m Stevenage bridge-to-let loan
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Blackfinch completes £4m Stevenage bridge-to-let loan
Blackfinch Property has completed a £4.0m, 36-month facility to support a newly completed mixed-use scheme in Stevenage, Hertfordshire, bringing around 20 brand new apartments to market above ground-floor retail units. The funding is structured as a bridge-to-let facility, moving into a commercial term loan once the residential lettings are in place and the scheme is fully established. It’s a structure designed to match what happens after practi…
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