Funding the Acquisition and Conversion of a Residential Property into a Children’s Care Home

Loui O’Brien, our senior commercial manager recently supported a client with the acquisition and refurbishment of a residential property, with the objective of transforming it into a purpose‑built children’s care home. The client’s goal was to deliver a safe, stable, and nurturing environment for children requiring specialist care, while progressing the project efficiently and cost‑effectively.

Client Requirements & Key Challenges

The transaction presented several funding considerations:

• A high overall funding requirement, covering both property acquisition and refurbishment costs
• A desire to minimise upfront equity contribution at completion
• The need for a lender comfortable with a maximum loan‑to‑value structure
• While the client had a strong track record in refurbishment projects, they wanted to avoid costly and intrusive ongoing monitoring arrangements

Our Solution

We structured a bridging finance facility at 90% Gross Loan‑to‑Value, enabling the client to proceed with the purchase and commence refurbishment works immediately.

This bespoke structure:

• Significantly reduced the client’s day‑one cash requirement
• Provided the flexibility and speed needed to initiate works without delay
• Eliminated unnecessary monitoring costs, reflecting the client’s proven delivery capability

Outcome

• Completion was achieved within the required timeframe
• Funds were made available to support acquisition and refurbishment
• The client was able to progress the project toward the delivery of a new care home facility, subject to ongoing regulatory and operational requirements

Beyond the commercial success of the transaction, this project delivers meaningful social impact by supporting the creation of safe, secure accommodation for vulnerable children. We are proud to facilitate funding solutions that not only meet complex financial requirements but also contribute positively to local communities and the wider care sector.

This case study is provided for illustrative purposes only and does not constitute a financial promotion, offer, or advice. Funding terms are subject to individual circumstances, credit approval, and lender criteria.