TAB provided a £4,000,000 bridging loan over nine months, secured against an architect-designed country residence set within a seven-acre plot in a prime Cotswolds location, at 66.67% LTV.

The facility refinanced an existing lender while releasing capital to complete the development. The property is partially built, with the borrowers progressing the remaining works ahead of a planned sale upon completion.

The residence has been designed as a high-specification rural home, positioned to appeal to the Cotswolds’ premium buyer market.

TAB structured the loan on a staged drawdown basis. An initial £2.5m was advanced on day one to refinance existing debt and fund early works. The remaining £1.5m will be released across four tranches, subject to monitoring surveyor sign-off and TAB approval at each stage.

The structure provides controlled funding aligned to build progress, supporting delivery while maintaining oversight throughout the project lifecycle.

The exit strategy is the sale of the completed property. With continued demand for prime country homes in the Cotswolds, the asset is well positioned for a successful sale, supported by TAB’s willingness to extend the term by a further 12 months if required.