Inspired Lending has completed its largest loan to date, providing a £5.7m facility over an 18-month term to refinance and refurbish a prime mixed-use freehold investment property in Shepperton, North Surrey.

The property comprises 11 retail units and 25 residential flats.

The loan was designed to refinance the borrower’s existing high-street lender and provide £1.3m for the refurbishment of the residential units at the primary security. Refurbishment funds will be delivered on a series of tranches, ensuring the project proceeds run smoothly and efficiently.

The deal was secured with additional residential and commercial properties from the borrower’s portfolio in addition to the primary security, with the loan facility being structured at an LTV ratio of 61% net on day one at 64% LTGDV.

The borrower was introduced to Inspired Lending by their business advisors, who have a long-standing relationship with the chief executive officer (CEO) of Inspired Lending going back over 15 years.

The borrower’s exit strategy includes a combination of property sales and refinancing, ensuring a clear path to loan repayment.

CEO at Inspired Lending, Gavin Diamond, said: "This £5.7m deal underscores our capability to handle complex, high-value transactions and highlights the strength of our relationships, which are built on a track record of delivery and our ability to apply a personal touch.

"We worked closely with the borrower and their advisors, taking a bird’s-eye view of the case to develop a tailored funding solution that ensures the successful completion of the project. This is a perfect example of how we go beyond traditional lending, using our expertise to deliver bespoke financial solutions."

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