Caradoc Lodges

Client: UK Landowner, Shropshire
Sector: Holiday & Residential Lodge Development 

Our client, a Shropshire landowner, needed to unlock capital tied up in agricultural land to fund the development of a prestige holiday and residential lodge site. The funding had to achieve three key objectives:

• Remove restrictive agricultural covenants limiting the property’s use
   
• Provide working capital for marketing and infrastructure
   
• Support the launch of a luxury leisure destination
   

Complicating matters, the property carried an agricultural tie, an existing high-street bank loan, and required a credible sales plan for five luxury lodges before lenders would consider approval.

We introduced the client to a specialist bridging lender with proven expertise in agricultural and leisure property. Working closely with both parties, we:

• Restructured security by splitting land titles, separating the development land from agricultural land
   
• Arranged a £350,000 bridging loan at 50% LTV, secured against mixed-use land including the farm house and outbuilings.
   
• Directed loan proceeds to part-repay the existing facility and lift agricultural restrictions
   
• Supported the client in preparing a robust, evidence-backed sales plan for the planned lodges

The loan was successfully completed:

• Immediate access to capital to progress the lodge development
   
• Freedom from restrictive covenants
   
• A clear exit strategy through pre-agreed sales of five luxury holiday lodges

A £350,000 bridging facility secured on a 12-month term with repayment assured through confirmed lodge sales. 

 "Thanks to the specialist knowledge provided by PS Advisory, we were able to find a lender who understood the agricultural markets and their restrictions and navigate our way through to completion."
— Farm, Shropshire 

Specialist market knowledge and lender introductions can transform challenging projects. By navigating agricultural ties, mixed-use land security, and complex exit requirements, PS Advisory helped unlock an opportunity that mainstream lending had overlooked.