Wey Bridging structures £806,250 funding for Grade II-listed Surrey property redevelopment
By Tara SammonsThe 18-month term loan was delivered at 72% LTV
Section: Case Studies
Wey Bridging Finance has delivered an £806,250 bespoke funding solution for the redevelopment of a Grade II-listed property in Surrey which had previously been derelict.
The lender supported the borrower, who was introduced via an experienced broker, in funding both the comprehensive refurbishment of a listed barn and the planning application for a self-build plot within the garden.
Complexities of the scheme included restoring and modernising a heritage residence, lending against a listed asset and coordination across planning, construction, and funding stakeholders.
The deal allowed a significant partial redemption, upon the granting of planning consent.
The project has now been successfully delivered, restoring the heritage residence and receiving planning permission on the rear garden plot, with the combined site valuation in the region of £1.5m.
Keywords: Wey Bridging Finance, £806, 250 redevelopment funding, Grade II-listed property Surrey, 72% LTV loan, 18‑month term loan, listed barn refurbishment, self-build plot planning, heritage residence restoration, derelict property redevelopment, planning consent partial redemption, combined site valuation £1.5m