Development:

Construction of 15 new-build family homes following the demolition of an existing dwelling on a 1.2-acre backland site in Moulton, Northamptonshire. The scheme comprises a mix of 2, 3, and 4-bedroom detached and semi-detached houses, each with private gardens and off-street parking. BLG provided a £5 million development loan at 70% LTGDV using additional security to back the borrower under the government-backed Recovery Loan Scheme, enabling acquisition and build funding. Addressing rising demand for high-quality suburban housing near Northampton, the project benefits from a prime village location just five miles from Northampton town centre, positioned in an expanding residential area supported by national housebuilders.

This was the borrower’s first project of this scale – but thanks to BLG’s flexible approach, we delivered a funding solution that standard lenders couldn’t match.

This scheme is now complete, and the borrower has since returned to BLG for further schemes.

Developer:

The borrower is a new joint venture established by experienced construction professionals who previously served as contract and site managers overseeing multiple large-scale housing projects and operates successful scaffolding and building services companies supplying national developers. They bring strong operational expertise, hands-on delivery capability, and a track record of smaller residential schemes across Northamptonshire.

Location: Moulton, Northamptonshire

GDV: £6.56 million

Loan Type: Residential Development Finance / Recovery Loan Scheme

Loan Term: 18 months

At BLG, we don’t just fund projects – we build relationships. By going beyond standard criteria, we help both developers and brokers deliver ambitious projects and grow with confidence.

Development:

Conversion of the Grade II listed former Victoria Hotel in central Leeds into a 54-bed high-quality student accommodation scheme with two ground-floor commercial units occupied by a pub and potentially restaurant tenants. The development, situated in the heart of the city’s university district, delivered all self-contained studio apartments designed for the premium student rental market.

BLG provided a £7.4 million development loan to facilitate the transformation of this landmark heritage asset. The development was complex but was completed in time to facilitate the September intake. The project contributes to Leeds’ growing student housing infrastructure while revitalising a historic building.  The clients refinanced our loan at Practical Completion and will be holding within their portfolio

Developer:

The client is a joint venture between two established property development groups. Both principals possess significant track records and strong financial backing, with extensive experience delivering student accommodation schemes across major UK cities including York, Sheffield, and Leeds.

Location: Central Leeds

GDV: £14 million

Loan Type: Student Accommodation / Residential Development Finance

Loan Term: 18 months

Development:

The residential development consists of 3×4 bed & 1×5 bed large detached houses, all with a single or double integral garages and private gardens. Located in an attractive semi-rural location in Filton, north of Bristol, it was a great site offering generous amount of living space. Sitting well next to the existing properties on the road, these properties will appeal to a broad range of executive home buyers.

There were unforeseen issues with the original project valuation but BLG managed to assist the client in securing the funding. This is our first completed loan with this particular client who is very happy with the service BLG provided.

Developer:

A family run business which has been trading for almost 20 years completing numerous developments throughout. An experienced developer with strong project team who looks to ramp up and grow with BLG over the years.

Location: Filton, South Gloucestershire

GDV: £4m

Loan Term: 18 months

Development:

Three large detached five-bedroom executive houses in Preston Bissett which is a small, picturesque villages in Buckinghamshire. This was a complex transaction with additional bridging loans also provided by BLG to raise sufficient funds for completing the site purchase. The developer has not only exceeded expectation by practically complete 1 month ahead of schedule but also exceeded sales predictions by achieving sales on average 10% above the original values. The scheme will transform what was an old yard and will create 3 luxury family homes bringing new life to the area.

Developer:

An experienced developer who has been building & developing for around 15 years. This scheme is the largest for them to date.

Location: Preston Bissett, Buckinghamshire

GDV: £4.4m

Residential Development Finance

Loan Term: 18 months

Development:

A 21-unit development of a mixture of 3 and 4 bed properties on what is essentially a green field site south of Bristol. BLG took on the deal after another lender pulled out. The development has performed well so far and have been moving at a very quick pace. We are expecting the construction to be finished 10 months into a 22- month loan term.

This was the second deal with this client following a 9-house scheme in Brislington on the outskirts of Bristol which was successfully funded by BLG under the British Business Bank’s CBILS scheme.

The build and sales of the previous development during CBILS were fairly seamless and we were delighted to have the opportunity to work with this developer again on this exciting project.

Developer:

Being the property business for 20+ years, the clients are commercial flooring contractors, builders and increasingly property developers based around Bristol with a large portfolio of land they have acquired over a number of years.

 Location: A green field site in Cheddar, South of Bristol

 GDV: £8.6m

Residential Development Finance

 Loan Term: 22 months