Specialist bank supports refinancing of nine-bedroom assisted living HMO

12 February 2026

A specialist bank has supported the refinancing of an assisted living HMO, delivering a long-term funding solution that enables continued growth in the supported living sector.

Redwood Bank, working in partnership with Rokform Finance, part of the Rokform Group, provided a residential investment mortgage of £561,000 to refinance an existing bridging facility on a nine-bedroom residential HMO in Bristol.

The funding also released additional capital to support forward investment by the developer, who is an existing Redwood customer. Due to the property’s EPC rating, the loan also qualified for Redwood’s Green Cashback Reward, providing a 0.20 per cent cashback incentive.

Ian Tudor, regional development manager (South and South West) at Redwood, said:

“This was a great example of how a strong broker relationship and an existing customer partnership can come together successfully. We were delighted to provide a suitable long-term solution for the customer, particularly one that also qualified for our Green Cashback Reward.

“Supporting projects in the assisted living sector is especially rewarding and we were pleased to work collaboratively with Rokform to deliver certainty and clarity throughout the process.”

The property, valued at £900,481, had undergone extensive renovation works and is let on a long-term lease to a care provider delivering supported living accommodation for adults aged 18 and over with learning disabilities and autism.

Julian Lewis, director at Rokform Finance, said:

“We were delighted that Redwood was able to support our customer with the latest addition to their portfolio. Retaining all of the customer’s finance with one lender makes the facilities far simpler and easier to manage.

“Redwood demonstrated flexibility throughout the process and responded quickly when the customer requested an increase in the borrowing amount. That responsiveness made a real difference in helping us achieve the right solution.”

For further information, visit https://redwoodbank.co.uk/news/collaborative-approach-supports-refinancing-of-nine-bedroom-assisted-living-hmo