Providing Finance for an Airspace Development Exit in East London
A developer approached us seeking funding for a newly completed airspace scheme in East London. The project comprised ten high-specification residential units constructed above an existing apartment block, designed to meet modern living standards. The client wanted to retain the units as investment properties, aiming to generate long-term rental income.
Contact AlignHow We Helped: Delivering Certainty and Alignment
We worked closely with the client to structure a bespoke facility through a Sharia-compliant lender, ensuring the solution aligned with their values and objectives. The facility provided £2.7m+ to refinance existing development funding and deliver stability during the rental phase. We arranged a term of 5 years, with a profit-based structure that met all compliance requirements. By coordinating with our lending partners and specialist solicitors, we ensured a smooth transition from development finance to a long-term arrangement designed to support income generation.
Outcome
The client secured the funding required to refinance and position the asset for rental income. This solution provided stability and ensured the successful completion of a complex airspace development, enabling the client to move forward confidently with their long-term investment strategy. The lack of any early repayment penalties meant that, should the client choose to sell, they are free to do so.
Why Choose Align PF
At Align PF, we understand the importance of ethical and transparent finance. Our expertise and strong relationships with Sharia-compliant lenders allow us to deliver tailored solutions that respect our clients’ principles while meeting their commercial objectives. Whether it’s supporting development exits, facilitating investment strategies, or structuring bespoke facilities, we focus on creating flexible arrangements that enable our clients to move forward with confidence.