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Glen Morag Housing Development

Location: Bamford, UK
Asset Type: Residential Housing Development
Completion: January 2025

Success story

Overview

The Glen Morag Housing Development is a high‑quality residential estate comprising 14 fully tenanted houses, a mix of two‑bedroom and three‑bedroom homes.

Situated in a prime Bamford location, the development represents a strong and stable rental asset with long‑term value.

Challenge

The client required swift access to significant capital to support a refinancing strategy.

Speed and flexibility were crucial in order to meet key financial deadlines while maintaining full operational stability across the estate.

Solution

A bridging finance facility was structured to deliver £1.2 million within an accelerated timeframe.

  • Loan-to-Value: 75%
  • Security: First legal charge over the Glen Morag estate
  • Timescale: Facility arranged and completed within 4 weeks

This solution enabled the client to refinance efficiently while ensuring the estate continued to operate smoothly.

Outcome

  • £1.2 million bridging loan completed on schedule
  • All 14 units remained fully tenanted throughout the process
  • Prime location asset secured with first charge
  • Funding delivered within 4 weeks, supporting wider refinancing objectives

Key takeaways

The Glen Morag transaction demonstrates how well‑structured bridging finance can unlock capital quickly and effectively, even against a multi‑unit residential estate.
With robust underwriting and clear communication, the entire process was delivered on time and on terms that supported the client’s long‑term investment strategy.