District & County Investments (DCI) delivers £2.3m facility with built-in transition to lower-cost dev exit funding

20 March 2026

District & County Investments (DCI) has successfully delivered a £2.3 million bespoke funding facility with built-in transition to lower-cost dev exit funding at project practical completion to support the acquisition and development of the Stansfield Mill site near Sowerby Bridge, West Yorkshire.

The scheme, now delivered, comprises 17 high-specification residential apartments, transforming an existing site into a high-quality, residential asset.

DCI structured the facility with a dual-phase approach from day one, combining development funding with a pre-agreed transition to a lower-cost development exit facility upon completion. This removed refinancing risk for the borrower and provided full cost visibility throughout the lifecycle of the project.

The structure enabled the borrower to progress the scheme with certainty of execution, while also ensuring funding costs reduced as development risk fell, a key consideration in the current market environment.

The transaction highlights DCI’s ability to deliver flexible, lifecycle-aligned funding solutions that reduce friction, remove exit risk, and support borrowers through to completion and sale.

Michael Clifford, Commercial Director at District & County Investments commented:

“This is a great example of how thoughtful structuring at origination can drive better outcomes for all parties.

“The scheme has now been delivered, creating 17 high-specification flats on an existing site and adding real value to the local community. From the outset, the funding was designed to transition to a lower cost of capital once the development completed, giving the borrower certainty on both delivery and pricing.

“From a lender perspective, we move into a position of holding strong, standing security in a completed asset that is ready for sale or refinance, having funded the land purchase and the build costs.

“Ultimately, everyone wins; the community benefits from new homes, the borrower benefits from reduced costs and certainty, and we benefit from a de-risked, high-quality asset.”

DCI continues to support brokers and borrowers with tailored funding solutions across bridging and development finance, with a focus on speed of execution, simplicity of structure, and alignment of interests across the deal lifecycle.

For more information, visit: https://dcifinance.co.uk/