Arc & Co. and GB Bank deliver £19.5m in BTL funding across three deals
03 November 2025
Nikita Nigai, Head of International at Arc & Co., has completed three buy-to-let transactions with GB Bank over the past three months, totalling £19.5 million across a diverse portfolio of residential properties—demonstrating both
Arc & Co.'s capability in structuring solutions for challenging borrower profiles and property types and GB Bank's growing appetite for complex residential finance.
Transaction 1: £13.5m Primrose Hill Refinance
Arc & Co. arranged a £13.5 million facility to refinance a prime residential property in Primrose Hill, London, valued at £20 million.
The client sought to refinance an existing private bank debt of approximately £10 million while releasing additional equity to further enhance their property portfolio. The property was held as a buy-to-let investment by a foreign UHNW client which, created additional complexity in the underwriting process.
Key terms:
- Loan Amount: £13,500,000
- LTV: 67%
- Term: 60 months
The client’s request was to have a hybrid fixed and variable rate over the 5 years. GB Bank’s flexible approach, combined with Arc & Co.'s structuring expertise, enabled the transaction to complete successfully.
Transaction 2: £3.5m for a Multi-Unit BTL in Kent
This £3.5 million BTL facility was for 19 apartments in a newly completed development in Kent, with all units have been leased to the local council on a fixed annual premium basis.
Key terms:
- Loan amount: £3,500,000
- LTV: 70%
- Term: 5 years
The deal highlights GB Bank's willingness to finance larger multi-unit portfolios with secure local authority tenancies.
Transaction 3: £2.5m loan for a Wembley New Build
The third transaction involved a £2.5 million facility for seven apartments, occupying one full floor in a new-build Wembley development.
Key terms:
- Loan amount: £2,500,000
- LTV:
- Term: 3 years
The transaction faced multiple challenges, including an overseas borrower, a property valuation down by more than 10%, reduced expected rental income, and a tight deadline from the developer.
Nikita Nigai commented:
"Each of these deals presented significant hurdles — cross-border complexities, absent tenancy documentation, valuation challenges, and extreme time pressure, and yet completing £19.5 million across the three transactions in as many months demonstrates Arc & Co.'s ability to structure and execute complex residential finance where conventional lending parameters simply don't apply.
"The £13.5m Primrose Hill refinance required 18 months of engagement, including identifying the right lender and navigating intricate underwriting processes to achieve Private Bank rates at high LTV without AUM requirements. The Wembley transaction involved managing a down-valuation, postponed completions, and imminent default risk.
"Our expertise lies in understanding which lenders can accommodate specific complexity and how to structure transactions to align borrower needs with lender appetite. GB Bank's flexibility as a relatively new entrant has been instrumental, and these completions reflect our ability to deliver solutions for clients that high street lenders and traditional private banks cannot serve."
The three transactions bring Arc & Co.'s total loan volume with GB Bank to £19.5 million and reinforce the firm's capability in structuring residential finance solutions where conventional lending parameters do not apply.
