The total loan facility represents 60% LTGDV with a 15-month term

The new product, designed to support larger, more complex projects, follows 'overwhelming demand' from brokers and their clients for flexible refurbishment funding solutions.

The property comprises 11 retail units and 25 residential flats which form a key part of the location’s high-street landscape

The property in Barnet, north London, had planning permission for a change of use from a clinic to a three-bedroom residential family home.

The loan provides funding to the MUI Group to refinance existing loans and finance a comprehensive refurbishment of the property.

Paragon's latest landlord product is available up to 75% LTV and transfers to a buy-to-let mortgage at the end of the refurb period.

The developer has completed five separate deals in less than 12 months with Aspen at a total loan value of £2.1m.

The £3.5m refurbishment facility is secured against the listed property in South Kensington.

The specialist finance packager and master broker worked alongside Octance Capital for the first time to secure the funding.

The deal for Sama Investment Group went towards the purchase of a 6626m2 building in Wolverhampton City Centre, destined to be redeveloped into PBSA