The bank and Allan have been working together since he purchased the site in February and — with the support of broker Steve Toole — the 15-month bridging loan has helped move the development to the next stage.
With alterations to the planning permission over the past few months, a flexible approach was crucial to meet the client’s needs.
Allan commented: “I’ve been absolutely delighted to work with GB Bank this year.
- B&C Awards 2023: The Video
- Paragon revises its structured lending senior leadership team
- Blackfinch Property closes £5.6m bridging loan for net zero hotel in Edinburgh
“Not only were they a key part of being able to buy the site in February, but their team have been great to work with since and have been flexible when elements of the planning were complex.”
Matt Gray, head of relationship management at GB Bank, added: “It’s been great to see the progress at the Abbey Road site.
“The recent heavy refurb bridging solution is the next step for the development which will have a positive knock-on effect for the local community — and that’s what we’re all about at GB Bank.”


Leave a comment