Unbranded Finance, the UK-based non-bank real estate lender, has completed a £10.75m senior acquisition loan to support the purchase of two office buildings in Hammersmith. The properties, totalling 59,000 sq ft, are located within a secure gated site just 100 metres from Hammersmith Underground Station.
Alongside the senior facility, Unbranded also provided a £3m VAT bridge loan after the borrower was let down when another VAT lender was unable to deliver. The combined financing ensured the timely completion of the transaction.
The assets benefit from excellent connectivity to the Piccadilly, District, Circle, and Hammersmith & City lines, and include 46 private car parking spaces.
The loan was provided to IndigoScott, a private, family-run development company established in 1997. With deep expertise in residential development and planning-led opportunities, IndigoScott intends to repurpose the buildings for residential use (C3). The company is preparing a Class MA Prior Approval submission for a scheme of more than 90 units.
Andrew Smith, Co-Founder of Unbranded Finance, commented:
“We are delighted to support IndigoScott on this project, which reflects our commitment to financing experienced investors secured against high-quality assets. Their vision for this opportunity is well considered, and we recognise the importance of navigating the Prior Approval process to deliver such a scheme. Providing the VAT bridge facility alongside the senior loan demonstrates our ability to act with speed and efficiency, as well as flexibility. We look forward to supporting IndigoScott through the first stage of this development journey. We also greatly value the introduction from RockCap, whose clear and focused mandate gave us the confidence to move forward swiftly.”
Unbranded Finance would like to thank Jayne Beckett and Iain Thomas with their team at Fieldfisher, Alex Lundberg of Rockcap, Susannah Philip at Savills, and Rory Joyce of Brunel Planning for their valued support on this transaction.
Jeremy Scott, Managing Director of IndigoScott commented:
“We are delighted to have completed this acquisition. Due to several specific aspects of the deal, this was a complex transaction which required a proactive and flexible funding solution. Oliver and Andrew at Unbranded were always accessible and worked closely with us to shape the loan terms and overcome any roadblocks along the way. Their support was unwavering, and it was a pleasure to work with them. My thanks also to Alex at RockCap for his ongoing support and to the team at Keogh Caisley for expertly navigating the legal journey. We look forward to bringing this development to fruition.”
Alex Lundberg, Founder of RockCap commented:
“We are delighted to have successfully completed this transaction, adding value to an experienced developer with strong existing relationships. Given the complexity of the deal, it required a lender capable of navigating the challenges of today’s market. Unbranded provided both us and IndigoScott with confidence that the loan would be delivered — and they followed through. The team was excellent to work with, and we look forward to collaborating again and seeing the scheme progress.”
Unbranded Finance was advised by Fieldfisher, Savills & Brunel Planning. IndigoScott was represented in the transaction by Rock Cap and Keogh Caisley Solicitors.
