StreamBank completes £642,000 bridging facility to support Kent property acquisition and refurbishment project

19 June 2026

StreamBank, the specialist lender focused on bridging, commercial and buy-to-let finance, has completed a £642,000 unregulated bridging loan secured against three properties to support the acquisition and refurbishment of two buy-to-let properties in Kent.

The 12-month facility enabled the borrower to purchase two cottages in Sevenoaks for £525,000 while also raising additional capital against an existing semi-commercial property in Dartford to fund refurbishment works and associated costs.

The transaction was structured across three properties with a combined value of approximately £1.525 million, achieving an overall loan-to-value of 44%.

The borrower required a net advance of £575,000 to complete the purchase and undertake light refurbishment works across the two buy-to-let properties before refinancing onto longer-term buy-to-let facilities.

The case, introduced by Ace Finance, presented several complexities. The borrower occupied the residential element of a semi-commercial property that also housed their self-employed business, a café operating from the commercial unit. In addition, the borrower was using equity from the semi-commercial asset, which had previously been gifted to them, to support the purchase of the new properties.

The borrower intends to refinance both the buy-to-let properties and the semi-commercial asset following completion of the refurbishment works, providing the exit strategy for the facility.

Aiman Maklad, Business Development Manager at StreamBank, said:

“On paper, this looked like a relatively modest leverage transaction, but the reality was considerably more nuanced. The borrower was looking to unlock equity from a semi-commercial asset while simultaneously acquiring additional investment properties and funding refurbishment works, all against a backdrop of tenancy related delays outside of their control.

“What made the difference was having a clear understanding of the wider objective from the outset. The borrower wasn’t simply raising capital, they were repositioning part of their property portfolio to create a stronger long-term income generating asset base. Throughout the process we remained focused on that end goal and worked closely with the broker to ensure the facility remained aligned with the client’s plans despite the delays encountered along the way.”

Nick Hepburn, Co-Founder at Ace Finance, added:

“Transactions like this are a good reminder that successful outcomes are rarely just about the funding itself. As the deal progressed, there were a number of moving parts that required ongoing communication between all parties involved.”

“Our relationship with StreamBank meant we could have open and pragmatic discussions throughout the process. Having direct access to decision makers and a team willing to engage with the detail of a case gives us confidence when placing more involved transactions. That collaborative approach was particularly important here and ultimately helped deliver the outcome the client needed.”

To find out more about StreamBank, please visit streambank.co.uk.