Word On The Street has successfully arranged a £5.6 million buy-to-let facility from GB Bank for the owner of Prosperity Network, Danny Inman, secured against four luxury new-build units in Cheshire.

The transaction was completed at 75% LTV with a 5-year fixed rate providing long-term stability and predictable financing costs across the project.

Michael Street, Founding Partner at Word On The Street, navigated significant market complexities to deliver the completion. The large luxury residential sector has faced challenging conditions, with limited lender appetite for high-value new-build stock.

The combination of asset type, loan size, and LTV required careful positioning and lender selection. GB Bank’s willingness to support the transaction demonstrates both their confidence in the underlying asset quality and their commitment to working with experienced landlords with proven track records.

Michael commented:

“This case exemplifies our ability to secure competitive institutional funding even when market conditions are difficult. Four, high value new-build units at 75% LTV in the current environment required both deep lender relationships and precise structuring to overcome limited appetite for this type of stock.

“GB Bank proved to be an excellent partner, recognising the quality of both the assets and the client’s profile as an established professional landlord.

“Word On The Street’s client base is evolving in line with our own growth, and we are seeing an increase in demand for larger loans and more complex requirements—which we have the in-house expertise to deliver on.”