£10m bridging loan helps award-winning developer access equity ahead of multi-million-pound sale.

The ask

An award-winning developer wanted to access up to £10 million in equity tied up in one of their luxury residential developments to refinance existing debt and to plan their next investment.

The asset in question was Harford Manor, a 24,000 sq. ft private estate in Holyport, Maidenhead, set within 40 acres of landscaped grounds.

Built in 2019 as a bespoke residence, the home includes six bedroom suites, multiple reception rooms, a wellness area, indoor leisure complex, games room, equestrian facilities, tennis courts, a helipad, and staff accommodation. It had previously been rented by a Premier League footballer and operated as a high‑end short‑term rental.

The property was already on the market for £28 million, and the developer was confident in the exit. However, they were nearing the end of a five‑year fixed term with their current lender and didn’t want to commit to another long‑term facility while waiting for the sale to complete.

The solution

Brokers Bluechip Financial Ltd were tasked with finding a short-term solution that would tide their developer client over until the asset was sold. Knowing that they needed a lender with the knowledge and capability to finance such a large deal, the broker brought the case to the specialists - Together.

After reviewing the borrower’s track record, the asset, and the strength of the local prime market, we were comfortable providing a £10 million unregulated bridging loan at 33% LTV. The loan refinanced the existing £8.5 million debt and released around £700,000 in additional capital to support further investment and associated costs.

The result

“I was approached by another well-established commercial broker to package this loan for their client. Our experience and lender contacts for large loans are strong and having worked closely with Together for many years, we felt this was the perfect home for the loan facility required. All stakeholders were delighted with the service and outcome.”

- Scott Davis, Director at Bluechip Financial

“This transaction highlights our expert team’s ability to support experienced developers with bespoke finance solutions for complex, high-value assets. Being able to complete deals like this one really demonstrates our position as a trusted lender in the luxury property space.” 

- Michelle Walsh, Intermediary Sales Director - Commercial Finance, Together

Bridging loans can be the ideal solution for clients looking to access cash before a sale is complete, providing the funds to refinance or reinvest. At Together, we have the ability and appetite to lend larger loans that support growing business ambitions. Our Together Premier for Intermediaries service, available on broker cases over £1m, streamlines the process further so you can place more cases with us with clarity and confidence.  

Looking for a lender who can deliver on complex, high‑value cases? Speak with our Premier team and place your next £1m+ loan with confidence