Sirius Finance has completed an £18.4m refinance of a mixed-use property portfolio across Greater Manchester for a professional landlord.

The transaction involved refinancing an existing portfolio in order to move the assets into a limited company structure, secure a lower interest rate than the borrower’s previous facility and raise additional capital to support further acquisitions.

The deal was structured at a loan-to-value of 74%, with £3m released as part of the refinance to fund future property purchases.

James Cassidy, senior associate at Sirius Finance, said: “This was a complex refinance involving multiple residential and semi-commercial assets, with the added nuance of moving the portfolio into a limited company structure.

“The client had clear objectives – to secure a more competitive rate, restructure ownership, and release capital for future acquisitions; we were pleased to deliver on all fronts.

“Large portfolio deals like this naturally come with moving parts, but this transaction once again demonstrates Sirius’ ability to structure and deliver high-value funding solutions.

“It’s a strong example of how we support professional landlords in scaling their portfolios while optimising their financial position.”