Witney, Oxfordshire
Location Witney
Funding Development Finance
Date April 2024
Development Finance
Aquilae Capital has successfully secured a development finance deal with lender Commercial Acceptances for a site in Witney, Oxfordshire. Achieving a loan to gross development value (LTGDV) of 60%, the project will involve constructing five residential units by dividing a larger site. This transaction represents a major step in the property development career of the yet-to-be-named client, and an illustration of Aquilae Capital's capability in closing development finance deals.
Co-founder Jeremy Robinson, said “I was delighted to arrange the client’s first formal lending relationship, enabling him to start a significant growth journey the first step of which will enable the regeneration of significant building in a beautiful location in the centre of Witney. As a local developer the client will become a major part of Witney’s ongoing growth”