LHV Bank has completed a £5 million commercial real estate facility to refinance two specialist care home properties.
The funding supports a seasoned property investor with a substantial and expanding portfolio across both residential and commercial real estate. The refinancing consolidates three existing loans and includes a cash-out component designed to fuel further portfolio growth.
The assets are operated by registered charities serving vulnerable individuals within the care sector. As part of its due diligence, LHV Bank worked closely with the borrower and advisers to evaluate the operational model, scrutinise the long-term repayment plan, and confirm the financial stability of the charities involved.
The deal was introduced by Joseph Kahan, director of Secure Finance Limited, a brokerage based in Stamford Hill, North London. LHV Bank’s simplified operational structure helped expedite the process, with underwriting, lending operations and finance teams collaborating closely to bring the transaction to completion. Secure Finance remained engaged throughout, managing communication with legal representatives and valuers to maintain momentum.
Lawrence Stephens, acting on a dual-representation basis, provided legal support and was instrumental in ensuring the loan was drawn down within three weeks of credit sanction.
The facility was structured as a five-year commercial real estate investment loan, amortised over 20 years.
Conor McDermott (pictured), director of SME lending at LHV Bank, said: “This case highlights exactly where we add value. A borrower with a clear strategy, a tight timeline, and just enough complexity to fall outside the scope of more rigid lenders. By working closely with Secure Finance, the deal team led by Sadiq Patel, lending director, and our legal partners, were able to move quickly and deliver ahead of schedule. It’s a good example of the kind of practical, relationship-led lending that continues to resonate in today’s market.”
Joseph Kahan of Secure Finance Limited added: “From the outset, this was a case that required a lender with both flexibility and urgency. Sadiq and LHV Bank took a clear-sighted, practical approach and worked at pace to get the deal done. The level of communication throughout was excellent, and it was clear the team understood the client’s priorities. It made all the difference, and we look forward to working with them again.”
