Specialisms

Residential and Mixed-Use

We provide funding from £10m up to £750m for a broad range of development projects across the UK and Europe. The range and complexity of projects in this sector are broad and the array of challenges can flex project lifecycles. At Maslow, we have the expertise and product breadth to structure residential and mixed-use deals in the best way possible for experienced developers.

Parameters

Asset type New builds and refurbishments, Part built development, Flats and/or houses

Loan size From £10m up to £750m

Maximum gearing Up to 90% of cost & 70% of GDV

Margins from 3.8%

We consider each potential development project on its own merits but some key considerations when appraising a residential or mixed-use scheme include:

Borrower experience in the residential and mixed-use sector
Location
The proportion of reasonably priced accommodation for occupation by domestic buyers
Viability of exit through refinance or sale
For mixed-use schemes, we generally accept up to 30% of the overall GDV which can be made up of the commercial element although we have accepted more than that in certain developments in the past.

"The number of returning borrowers specialising in residential developments that we are seeing is a true testament to the high standards Maslow holds itself to. With our dedicated residential lending desk that understands the intricacies of the real estate asset class, our borrowers can be assured that they will be fully supported by a highly experienced team throughout the entire length of the project."

Matt Pigram — Deal origination