Metro Bank has provided Charterhouse Property Holdings with £18m in funding to refinance their portfolio of student and key worker accommodation on the South Coast.
Patrick Hanlon, director at Charterhouse said: “Charterhouse required a banking partner to assist us with the rationalisation of our mortgage lending for the commercial element of our portfolio. Following a strategic review, we agreed terms with Metro Bank to provide an £18,000,000 facility, which would encompass all of these properties and simplify our banking structures moving forward.”
Voltaire Financial advised Charterhouse.
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