Leeds property company refinances portfolio with £3.8m facility

Leeds property company refinances portfolio with £3.8m facility
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A Leeds-based property company has refinanced its portfolio with a £3.8 million term loan facility from Handelsbanken.

Weetwood Properties is a family-owned business comprising both commercial property and professional and student buy to lets.

It’s great news that Handelsbanken has supported us and evidence of their commitment to this project – we look forward to developing our relationship with them,” said MD Mike Emery.

Legal advice was provided by Philip Dine, Andrea Unwin and Ben Slack of Leeds law firm Clarion with Mike Jackson and Daniel Taylor of BHP providing tax advice.

Mr Slack said: “It was a pleasure to work with Mike and the family and his long trusted advisers, property agents Moores in securing this refinance for the benefit of the long term future of the family’s property portfolio.”