Specialist brokerage Arc & Co. has arranged a £5.7 million bridging loan in collaboration with Stamford Finance, secured against two high-value mews properties in central London.

The nine-month facility, agreed at 75% loan-to-value, represents Stamford Finance’s largest loan to date and was arranged to refinance an existing lender, enabling the borrower to preserve equity while pursuing a sale in a recovering market.

Corey Dennis (pictured, right), senior broker at Arc & Co., led the transaction, partnering with Stamford Finance director Peter Beaumont to deliver a funding solution that exceeded typical leverage thresholds for prime London residential stock.

“Incoming and outgoing lender dynamics had to be carefully managed,” said Dennis. “High value units in central London are not readily supported by lenders, especially not above 70% LTV, but Stamford Finance really came through on their promise of being a lender that can take a pragmatic view when it comes to increased leverage.”

The deal was underpinned by valuation reports from Anderson Wilde and Harris. Stamford Finance accepted the existing report, allowing for a swift and efficient completion, highlighting the lender’s discretionary funding model.

The two mews properties had seen their value pressured by macroeconomic headwinds, including elevated interest rates and ongoing softness in international demand following changes to stamp duty, which have deterred some overseas buyers.

In such a context, the need for lender flexibility and a bespoke approach to risk assessment was paramount.

Beaumont (pictured, left) added: “We remain committed to supporting the ever-changing bridging and development market in the UK.

 “Every borrower requirement is different and working alongside a brokerage as proactive as Arc & Co. gives us the chance to showcase what we are capable of doing as a private lender, exercising pragmatism and flexibility alongside speed of execution.”