Specialist finance lender Mint Bridging has rebranded as Mint Property Finance, in a move that aims to reflect the next step in its evolution.
Précis Capital will deliver financing solutions to real estate developers for projects across the UK, predominantly for residential and other living asset classes.
Development 90 provides 90% of project cost and 75% of loan to gross development value (LTGDV) for new-build schemes, conversions and refurbishment projects.
The client required a £1.16m development exit facility secured against three new-build detached homes in Kent, at an average of £600,000 per dwelling.
As Impact Lending, the business will provide financing solutions to external developers, including a product range dedicated to sustainable construction.
MCI Mortgage Club has added Roma Finance to its panel, to give members more choice for customers who require short and medium-term lending.
The purpose of the loan is to assist with the purchase and redevelopment of a set of four commercial units and a residential property in Ystrad Mynach.
The loan will be used to develop a block of 100 one and two-bedroom apartments, with underground parking, in Cambridgeshire.
Mizen Group has extended its development portfolio following the acquisition of three residential and mixed-use sites across London.
Located at Corton, the 125-acre land plot is valued at £18m and forms the majority of a two-part masterplan with outline planning permission in place for 750 new homes.