The 72% LTGDV facility, along with the introduction of a mezz provider, will be used to turn the Radstock property into nine flats.

This property has been the head office of the developer which built the unit 30 years ago.

“Having worked with this developer previously it will be great to see the offices that I have visited over the years repurposed into new homes,” said David Alcock, managing director at BLEND.

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“We were also able to deliver an overall funding solution by assisting with the introduction of mezz.”

Gurjit Basi, associate partner at BBA Finance, added: “It was a pleasure working with BLEND on this deal.

"Their professional and responsive team ensured clear communication throughout, making the funding process smooth and efficient.

“We successfully completed the facility within six weeks and appreciated their collaborative approach and we look forward to working together on future opportunities.”