Residential development, Warminster
An experienced property developer was introduced to Black & White Bridging to complete a partially finished site in Warminster, consisting of three residential properties.
The borrower was completing the development works on one of the properties and refurbishing a 1950s bungalow. All three were due for completion within three months, allowing the borrower to exit via refinance once works were finished.
Amount Funded:
£471k
PRoduct type:
Residential Bridging
Term:
9 months
property:
3 Residential Units (including 1950s bungalow)
exit:
Refinance
Completing a three-unit development
The borrower was completing the development works on one of the properties and refurbishing a 1950s bungalow. All three were due for completion within three months, allowing the borrower to exit via refinance once works were finished. They will exit via refinance once works are completed.
Supporting experienced developers
Our team recognised the borrower’s experience and focused on delivering a straightforward, reliable solution to get the project over the line. The loan structure provided the flexibility needed to complete works without delay or unnecessary admin.
Efficient underwriting and delivery
The case was handled quickly by the underwriting and case management team, ensuring a smooth process from approval to completion. Both Mike and Suze delivered exceptional service, praised by the broker for their professionalism and efficiency.
Clear communication and fast turnaround
“Black & White progressed the loan efficiently — particularly Mike and Suze, who delivered an A+ service. They were extremely professional and a pleasure to work with throughout. We’re looking forward to working with them on the next case.” — Marc Hounsell, Broker
You might like...
Get practical insights from our lending team from market shifts, to deal strategies. We’ll help you fund smarter, avoid common pitfalls, and stay competitive in a fast-moving property market.
Amount funded
£1.6m
PRoduct type:
Commercial Bridging
term
7 months
property:
Commercial office
exit:
Refinance
Commercial Bridging
The funding supported the acquisition of a strategically located semi-commercial asset in Birmingham, giving the borrower the flexibility and speed required to purchase the property prior to setting up development finance to undertake the proposed conversion works. The borrower plans to transform a former office building into a high-quality residential block of flats comprising 75 apartments, including 42 x 1-bedroom and 33 x 2-bedroom units. Full planning permission has already been obtained before completion, enabling the borrower to move forward with the next phase of the project.
.svg)
.svg)
.svg)
.svg)
.png)
.png)
.png)
.png)