Nottingham’s Chartwell House refurb supported with loan from Assetz Capital

By Bridging Loan Directory 14th November 2023

Assetz Capital has announced a further Loan completion in support of its longest borrower, Taj Ubhi and the 9 Property Group Limited (“the borrower”).

Assetz Capital have provided a £1.837m Refurbishment Loan to support the borrower in the refinance and subsequent refurbishment of Chartwell House, Nottingham, in order to create 11 self-contained apartments, providing 19 beds.

Andy Fraser, Chief Commercial Officer for Assetz Capital said:

“We are delighted to continue our close association with Taj and provide a funding solution that allows the property to be converted from Office to Residential use and bring forward much needed residential space in the heart of Nottingham City Centre.”

Taj Ubhi, CEO, 9 Property Group Limited said:

“Assetz Capital continue to provide tailored funding solutions, and coupled with their “can do” attitude and ease of doing business, remain a key funding partner to the 9 Property Group Limited.”