Shawbrook provides £3m development exit facility for Wimbledon scheme

By Bridging Loan Directory 21st May 2026

Shawbrook has provided a £2.98m development exit loan to support an experienced property developer in refinancing a partially sold residential scheme in Wimbledon, completing the transaction in just two and a half weeks from application.

The development comprised nine units in total, including three flats and two mews houses, with four sales already completed.

The facility, agreed at 75% LTGDV, reflected the strength of the scheme and sales achieved to date, while providing a clear route to lower-cost finance and releasing equity to support future projects.

The client required a solution that allowed flexibility for the remaining sales, with timing a key consideration. Shawbrook progressed quickly, enabling the refinance without delay.

Harry Eddery, Managing Partner & Co Founder at GDV Finance commented:

“We pride ourselves on delivering fast, commercially driven solutions for our clients, and this transaction was a strong example of that.

Shawbrook and their professional partners worked closely with us throughout, enabling a smooth completion within just a couple of weeks.”

Alex Mills, Relationship Director at Shawbrook added:

“This is a good example of how we can move quickly on straightforward deals.

By maintaining close communication with GDV Finance throughout, we were able to keep the process moving and deliver a smooth exit for the client.”