Cotswolds Listed

Lending Query

A property development company specializing in rural estates in the Cotswolds, England, approached Silver Oak Capital seeking assistance in purchasing a new country manor with extensive land. They required a development loan of 75% loan to GDV.

Client Circumstances

The borrower had a successful track record in acquiring and refurbishing historic rural estates in the picturesque Cotswolds region. They sought properties with substantial acreage and historic charm, often requiring restoration or modernization. With a proven history of successful estate acquisitions, the borrower inspired confidence in potential lenders. They aimed to expedite the purchase with cash but needed immediate access to a
loan post-acquisition.

Problems to Solve

Key challenges in this case included addressing potential issues related to heritage preservation and listed building regulations, as many properties in the Cotswolds are protected for their historical significance. Additionally, ensuring the viability of estate management and income generation from agricultural activities presented a unique challenge requiring specialized financial analysis.

Solution Provided

We presented a tailored solution from a reputable regional lender, specifically crafted to address the client’s needs:

  • Loan Amount: £8 million GBP
  • Loan to GDV: 70%
  • Interest Rate: 3.95% + Bank Base Rate
  • Term: 24 months
  • Repayment Structure: Interest Rolled
  • Bank Fee: 1.00% / 1.00% Exit Fee. This solution not only met the client’s challenging circumstances but also incorporated provisions for heritage preservation compliance and financial sustainability, ensuring the long-term success of the rural estate venture.