TAB provided a £948,500 bridging facility over 24 months, secured against a commercial property in Acton at 70% LTV.

The security comprises a two-storey semi-detached period building, currently configured as office and showroom space, with on-site parking and a rear yard. The asset offers both immediate usability and clear long-term redevelopment potential.

The borrowers, experienced property investors, required funding to refinance existing assets while acquiring an adjacent property, bringing both titles together to create a larger site with strategic development potential.

TAB structured the facility to support the acquisition and consolidation of the site, providing the time and flexibility to progress a planning strategy while maintaining a disciplined approach to leverage.

The combined site is well positioned for residential redevelopment, in line with similar schemes in the surrounding area, supporting strong underlying demand and potential value uplift.

The exit strategy is sale, with the structure allowing an 18-month window to pursue planning, followed by a six-month sales period.