Residential property developer secures loan from Hampshire Trust Bank

Beacon Lodge Properties has secured a loan from Hampshire Trust Bank to refinance the purchase of a site in Fortis Green, North West London, and help fund its development.

The project involves building 10 new residential units, comprising of four four-bedroom houses and six two- and three-bedroom apartments and associated parking.

Each of the houses and ground floor apartments have private gardens. In addition to the private gardens, there will be a communal private garden and children’s play area.

John O’Donnell, Director of Property Finance at Hampshire Trust Bank, said: “We are proud to be supporting this family-focused development in North West London. As we are all aware, green space is hard to come by in many areas of London so it’s great to see that the developer is adding real value to this site by creating private and communal gardens.

The Property Finance team at Hampshire Trust Bank is staffed by people with in-depth experience of the property market. We are committed to providing creative and customised finance solutions and in taking a relationship-based approach in everything we do.

Robert Kleinman of Beacon Lodge Properties said: “Working with Hampshire Trust Bank has so far been an absolute pleasure. The speed of the transaction along with the high quality of service is hard to come by but HTB delivered in both areas. We are extremely proud to be working with HTB on one of our flagship developments and look forward to working together on many more successful developments in the future.”