A disused site on the outskirts of Glasgow is set to become a new residential community after Blackfinch Property completed a £4.9m development loan to support the delivery of 15 family homes in Inchinnan.
The scheme will regenerate a derelict brownfield plot and provide a mix of three-, four- and five-bedroom homes. All 15 properties will benefit from open field views to the rear, adding to the appeal for families looking for space and a semi-rural outlook, with Glasgow still within easy reach.
The development is responding to clear demand for new homes in the area. Strong interest has already been demonstrated, with reservations secured, underlining both the attractiveness of the location and the viability of the project.
Blackfinch Property is particularly pleased to support this scheme given its strong Scottish element, which aligns with the team’s commitment to backing high-quality developments in regional markets.
Nicola Mayes Senior Investment Manager at Blackfinch Property said: “We are delighted to support this transaction, reinforcing our ongoing commitment to development across Scotland. This milestone reflects the collaborative efforts of multiple parties working together within tight timeframes to achieve completion. We look forward to seeing the scheme come to fruition and to support the delivery of much-needed, high-quality homes for the local community.”
This deal marked the third transaction completed with the same broker in recent months, reflecting a relationship that continues to strengthen. Working to a tight deadline, the team explored a range of funding structures to find the right fit, tailoring the loan around the borrower’s plans and the practical realities of the build.
The outcome is a solution designed to support steady progress on site, keep funding aligned with key milestones, and manage risk in a way that protects the borrower’s position through to completion.
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