A family business in West Sussex has secured its future growth with the help of a £1.03m bridging loan arranged by SDKA for the purchase of a substantial mixed-use site in Billingshurst.

The 41.58-acre plot includes a Grade II listed farmhouse, gardens, stables, barns, a garage workshop, office space and hard standing areas for motor sales. The buyer, who applied through a limited company, intends to use part of the land for a used car operation.

With the acquisition under time pressure, SDKA’s underwriting team moved quickly to assess serviceability by examining the client’s accounts in detail and verifying deposit sources. The transaction also required provision for remedial works, with £20,000 retained until a failing septic tank is replaced.

The deal was introduced by Chichester-based broker QED Finance and completed at 63.3% loan-to-value on a flat rate of 1.15% over a 12-month term.

Mark Vickery, director at QED Finance, said: “We are delighted to have supported our client in securing this distinctive mixed-use property. This case demonstrates the value of working with a specialist broker, navigating complex requirements, managing multiple stakeholders, and ensuring the right funding is secured in a timely manner.

“SDKA’s responsive and solution-focused approach was instrumental in bringing the deal together, and we look forward to working with them again on future transactions.”

Kunal Mehta, managing director of SDKA, added: “From day one it was essential this application was running like a well oiled machine given several complex issues with the site.

“We collaborated closely with QED Finance and in-turn with the chartered surveyors so they understood the application in-depth which allowed a fair and independent assessment of all the buildings and land, after which it was a smooth ride to get us over the line and release the funds.”