Century Capital completes £6.6m Hyde Park loan in just three days

By

Paul Munford Century Capital

Century Capital has completed a £6.6 million first charge loan secured against five super-lateral apartments in a stunning white stucco building overlooking London’s Hyde Park.

Located in one of the capital’s most prestigious postcodes, the flats benefit from exceptional views and are moments from world-class amenities, transport hubs, and cultural landmarks.

The loan was structured to refinance an existing facility and fund refurbishment works, enabling the borrower to prepare the properties for the rental market.

What set this deal apart was the speed of execution,  just three days from instruction to receipt of the valuation report. The borrower, a non-domiciled business owner with a significant property portfolio across London, the UAE, and Asia, needed urgent funding to redeem a facility with a global bank.

The loan was arranged against a complex ownership structure, involving three SPVs, including one registered in the British Virgin Islands.

Despite a BVI bank holiday during the transaction window, legal approval was secured without delay, reflecting the determination and coordination of everyone involved.

The loan totalled £6.6 million, secured against a property valued at £10.9 million (60% LTV), with a buy-to-let refinance agreed as the exit strategy.

Century Capital CEO and Founder Paul Munford said:

“This deal is a great example of what we do best, delivering complex funding at pace.

Completing a multi-million-pound transaction with overseas ownership and legal intricacies in just three days takes real collaboration.

My thanks go to the valuation and legal teams for helping us get this over the line so quickly.”

Special thanks go to Project & Co for attending the site early and producing a same-day valuation report, and to Temple Bright for outstanding legal support throughout.

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