OakNorth have agreed a development finance facility for Union Developments to buy a development site in Dollis Hill, close to the tracks which the proposed West London Orbital service would run.
The company will use a £35.4m development finance facility to acquire Warranty House on Dudden Hill Lane and redeveop the site into new homes and business space.
The scheme will provide 113 homes across four buildings, along with over 6,300 sq ft of commercial space.
Union Developments director David Pollock said: “With its excellent transport routes and considerably more affordable homes than those in Zones 1 and Zones 2, Dollis Hill has become an increasingly popular area for young families and first-time buyers to plant roots.”
