LHV Bank completes commercial mortgage for Scottish luxury venue

LHV Bank has facilitated a commercial mortgage for Broxmouth Park Estate, a luxury wedding and corporate event venue located in Scotland.

The facility was used to refinance the estate’s existing lender and release funds to support further site improvements and a new acquisition.

The estate operator, Simon Flame, sought a lender with an understanding of his business.

The case was introduced by Portway Finance’s Tom O’Brien, which included a 12-month interest-only period to accommodate ongoing improvements, followed by a 19-year amortisation term.

The facility was secured via a first legal charge over the property and a company debenture.

Lending director at LHV, Amarron Frederick, said: "We are delighted to have supported Broxmouth Estate with this refinancing deal. This funding reflects our confidence in the estate’s long-term potential and its ongoing contribution to the local economy.

"Broxmouth’s unique blend of historical significance and modern-day appeal made this a compelling proposal. We look forward to seeing the estate continue to flourish and to being a part of its successful future. It was a pleasure to work with O’Brien and Flame on this transaction.”

O’Brien added: "Broxmouth Park Estate is a landmark venue, and securing the right funding solution was crucial for its continued success. LHV Bank’s willingness to provide a flexible package and understand the business’s unique requirements made this deal possible. We’re thrilled to have played a role in helping Simon achieve his goals and are excited about the estate’s future."



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