Titlestone Funds New London And Newmarket Housing Schemes

July 25, 2014

Residential development lender, Titlestone Property Finance has agreed funding for new housing schemes on two former commercial sites in London and Newmarket.

In South Harrow, Titlestone is supporting the conversion of a vacant five-storey office building with a £15.5 million loan. The conversion, which is being undertaken under permitted development rights, will include 23 studio flats, 45 one-bedroom and 33 two-bedroom apartments.

When completed, the scheme will total almost 60,000 sq ft of residential accommodation and 165 car parking spaces on the 1.5 acre plot.

Titlestone is also providing finance for a 46,400 sq ft residential development by Phix Residential Ltd in Newmarket, Suffolk. The scheme, which includes the conversion of an existing building as well as new build, is being developed on a 1.2 acre commercial site.

The Newmarket development includes six four-bedroom houses, 35 two-bedroom apartments and a small number of one bedroom and three bedroom flats.

Titlestone specialises in providing stretched senior debt to residential developers and has committed to projects across Southern England.

Robert Orr, Chief executive of Titlestone says: “The funding proposition which we are able to offer is meeting a significant gap in the market, enabling residential developers to spread their equity across a greater number of projects in areas where there is rising demand for new housing.”


Latest News


June 2, 2021 - 10:57

Helios Real Estate and Northumberland Estates have been granted planning permission by Stockton Borough Council for a new 2 million sq ft multi-level logistics building to be developed as part of the [...]

+ Read More

Beltane secure second tenant for 255 High Street in Guildford

June 2, 2021 - 10:53

Beltane Asset Management have let another floor at their new office re-development at 255 High Street in Guildford. Investec Wealth & Investment Ltd are relocating from two local offices and have [...]

+ Read More


June 2, 2021 - 10:49

Exciting hospitality brand 202 Kitchen is to open its first restaurant this summer, a 6,000 eatery  at Spinningfields, Manchester and has launched a UK-wide search for sites in regional cities. Advis[...]

+ Read More



+44 (0)20 7647 4420


Wren House, Garden Close Lane, Newbury RG14 6PR