The loan will be used to fund the development of two luxury detached six-bedroom houses.

The landlord's existing lender had turned him down as he would be 97 at the end of the 25-year term.

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

£7.14 million facility will assist with the construction of 89 new homes in Esh Winning.

The funding will see Torsion Group develop a purpose-built student accommodation block, providing 205 studios for the 2026 academic year.

Inspired Lending has successfully completed a £1.22m bridging loan to facilitate the investment in a Purpose-Built Student Accommodation site.

The bank provided a £16.3m residential development facility for the project, across a 15-month term.

The client was able to unlock equity and expand their portfolio following the funding from HTB.

Since Paragon Development Finance launched its Purpose Built Student Accommodation proposition, it has lent £216m for PBSA schemes across several major UK cities.

Shawbrook’s structured real estate team completed the deal with Curo Mortgages.