GB Bank facilitates residential refurb in Nottingham

Another successful completion of residential bridging funding by GB Bank

Experienced property developers, BPS Property Group Limited, needed a finance solution to provide rental options in Nottingham.

The deal, which was facilitated in collaboration with Goodman Corporate Finance, will support the acquisition and refurbishment of a sought-after residential area.

BPS Property Group Limited, known for its expertise in similar renovation projects, plans to restore the property to a high standard in keeping with neighbouring properties. 

Matt Gray, Head of Relationship Management at GB Bank, said: “We are pleased to have assisted BPS Property Group Limited in securing a solution for their finance requirements. There is a short supply of rental properties across the UK so we are pleased to help offer renters another option of high-quality living space.”

Ben and Philip at BPS Property Group Limited, added: “We are thrilled to have partnered with GB Bank for this important project. Their flexibility, responsiveness and commitment to understanding our needs have been instrumental in ensuring the swift and successful completion of this deal.”

The collaboration between GB Bank and Goodman Corporate Finance highlights the importance of strong relationships and effective communication throughout the lending process. Both parties worked closely to ensure timely updates and responsive support, ultimately meeting the borrower’s expectations.

Roxanne Goodman, Managing Director at Goodman Corporate Finance, commented “We appreciate the professionalism and dedication demonstrated by GB Bank throughout the process. Their commitment to understanding our client’s needs and offering the best possible finance solution has been instrumental in achieving a successful outcome.”

With the project timeline fully met, BPS Property Group Limited expects to commence the refurbishment immediately, further underscoring GB Bank’s ability to deliver timely and effective financial solutions.

For more information on GB Bank’s lending services, please visit https://gbbank.co.uk/introducers-and-referrals/ or e-mail lending@thegbb.co.uk.