Unbranded Finance has completed a £13.75m financing package to support IndigoScott’s purchase of two office buildings in Hammersmith, paving the way for a residential conversion scheme of more than 90 units.

The funding includes a £10.75m senior acquisition loan and a £3m VAT bridge, arranged after another VAT lender failed to complete.

The properties, which total 59,000 sq ft and include 46 private parking spaces, sit within a gated site just 100 metres from Hammersmith Underground station.

IndigoScott, a private family-run development company founded in 1997, plans to repurpose the buildings for residential use under Class MA permitted development rights and is preparing a Prior Approval submission.

Andrew Smith, co-founder of Unbranded Finance, said: “We are delighted to support IndigoScott on this project, which reflects our commitment to financing experienced investors secured against high-quality assets.

“Their vision for this opportunity is well considered, and we recognise the importance of navigating the Prior Approval process to deliver such a scheme.

“Providing the VAT bridge facility alongside the senior loan demonstrates our ability to act with speed and efficiency, as well as flexibility.”

Unbranded Finance was advised by Fieldfisher, Savills and Brunel Planning, while IndigoScott was represented by RockCap and Keogh Caisley Solicitors.

Jeremy Scott, managing director of IndigoScott, said: “Due to several specific aspects of the deal, this was a complex transaction which required a proactive and flexible funding solution.

“Oliver and Andrew at Unbranded were always accessible and worked closely with us to shape the loan terms and overcome any roadblocks along the way.”

Alex Lundberg, founder of RockCap, added: “Given the complexity of the deal, it required a lender capable of navigating the challenges of today’s market.

“Unbranded provided both us and IndigoScott with confidence that the loan would be delivered — and they followed through.”