Sol and Eddie Zakay’s Topland Group has completed a £5m senior loan secured against a residential property in Chelsea. The facility refinances existing debt and provides the borrower with additional time to sell the asset following a period of refurbishment. Topland stepped in and closed the deal within two weeks of instruction, after a previous lender failed to deliver.
Daniel Eastwood, Originator at Topland, said:
“This deal highlights Topland’s ability to execute swiftly and reliably. We delivered exactly as agreed, with the legal process taking just over a week. Thanks to Ed Fuller and the team at Fladgate’s for their quick turnaround and to Richard Kirby at AWH for producing a thorough report.”