Complex Build. Bespoke Finance.

The Challenge:

The developer required refinance and additional funding to complete a high-spec fit-out and final dressing on a prime Kensington property.

With works ongoing and regulatory approvals outstanding, the deal demanded a lender comfortable with complex, high-value developments and tight timelines.

The Solution:

Glenhawk structured an 18-month finish and marketing loan designed around the project’s needs.

The bespoke facility included:

• Cash-out on completion for immediate liquidity.
• Milestone-based release tied to progress and sales.
• A hybrid interest structure — retained initially for cash flow, then serviced to support disposal.

This flexible approach gave the developer time and capital to finish and launch the property confidently.

The Outcome:

The £9.4 million loan at 75% LTV enabled smooth completion and a well-timed sales strategy in one of London’s most prestigious markets.

Chris Daly, Managing Director of Specialist Real Estate at Glenhawk, commented:

“This transaction is a prime example of how we support experienced developers in core London locations with tailored, milestone-led solutions. By working closely with the client and Jeni, we delivered a facility that aligned with the project’s complex timing and funding requirements.”