{"id":11348,"date":"2026-06-09T22:02:51","date_gmt":"2026-06-09T22:02:51","guid":{"rendered":"https:\/\/second-home.uk\/?p=11348"},"modified":"2026-06-09T22:02:51","modified_gmt":"2026-06-09T22:02:51","slug":"school-group-secures-1-75m-bridge-loan-on-west-kensington-block","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=11348","title":{"rendered":"School group secures \u00a31.75m bridge loan on West Kensington block"},"content":{"rendered":"<p>A private school group has secured \u00a31.75 million in bridging finance against a block of buy-to-let flats in West Kensington to address liquidity pressures stemming from VAT changes in the education sector.<\/p>\n<p>Precise Mortgages completed the facility, which was arranged through broker Sirius Finance, against an unencumbered block of five buy-to-let flats valued at \u00a32.865 million. JMW acted as legal advisers on the transaction.<\/p>\n<h2>VAT changes drive financing need<\/h2>\n<p>The borrower, who owns a group of private schools, faced increased cost pressure following the introduction of VAT on private school fees in January 2025. Rather than passing the additional costs to parents, the school operator chose to absorb them, creating a short-term need for working capital.<\/p>\n<p>The financing structure was secured against the West Kensington property portfolio, with a planned asset sale established as the exit strategy. The loan-to-value ratio on the transaction was approximately 61 per cent based on the property valuation.<\/p>\n<\/p>\n<p>Alan Kimber, head of bridging at Precise, said the transaction was built around the unencumbered asset and clear exit plan. \u201cWith that in place, we were able to move quickly to release capital and support the borrower through a period of cost pressure,\u201d he stated.<\/p>\n<h2>Bridging market activity<\/h2>\n<p>The transaction reflects continued activity in the bridging finance market as businesses seek short-term liquidity solutions. The case comes at a time when <a href=\"https:\/\/www.propertywire.com\/news\/uk\/uk-mortgage-affordability-reaches-tightest-level-since-2008\/\">UK mortgage affordability has reached its tightest level since 2008<\/a>, putting pressure on alternative financing channels.<\/p>\n<p>Oliver Eastgate, associate at Sirius Finance, noted the collaboration between parties facilitated a smooth process. \u201cThey were quick to understand the challenges we faced and proactive in identifying practical solutions that worked for all parties involved,\u201d he said.<\/p>\n<p>The buy-to-let sector continues to provide collateral for commercial borrowing, with investors increasingly using property portfolios to access working capital for business purposes beyond traditional property investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A private school group has secured \u00a31.75 million in bridging finance against a block of buy-to-let flats in West Kensington to address liquidity pressures stemming from VAT changes in the education sector. Precise Mortgages completed the facility, which was arranged through broker Sirius Finance, against an unencumbered block of five buy-to-let flats valued at \u00a32.865 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6880,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-11348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>School group secures \u00a31.75m bridge loan on West Kensington block - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"School group secures \u00a31.75m bridge loan on West Kensington block - Second Home\" \/>\n<meta property=\"og:description\" content=\"A private school group has secured \u00a31.75 million in bridging finance against a block of buy-to-let flats in West Kensington to address liquidity pressures stemming from VAT changes in the education sector. Precise Mortgages completed the facility, which was arranged through broker Sirius Finance, against an unencumbered block of five buy-to-let flats valued at \u00a32.865 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/\" \/>\n<meta property=\"og:site_name\" content=\"Second Home\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-09T22:02:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"910\" \/>\n\t<meta property=\"og:image:height\" content=\"606\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=11348\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/#\\\/schema\\\/person\\\/4d1b4955add7c14742a3be9aaae12292\"},\"headline\":\"School group secures \u00a31.75m bridge loan on West Kensington block\",\"datePublished\":\"2026-06-09T22:02:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=11348\"},\"wordCount\":310,\"image\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/69528666a310d68600f4f99b.jpeg\",\"articleSection\":[\"Second Home\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/?p=11348\",\"url\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/\",\"name\":\"School group secures \u00a31.75m bridge loan on West Kensington block - Second Home\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/69528666a310d68600f4f99b.jpeg\",\"datePublished\":\"2026-06-09T22:02:51+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/second-home.uk\\\/#\\\/schema\\\/person\\\/4d1b4955add7c14742a3be9aaae12292\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#primaryimage\",\"url\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/69528666a310d68600f4f99b.jpeg\",\"contentUrl\":\"https:\\\/\\\/second-home.uk\\\/wp-content\\\/uploads\\\/2025\\\/12\\\/69528666a310d68600f4f99b.jpeg\",\"width\":910,\"height\":606},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.propertywire.com\\\/news\\\/uk\\\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/second-home.uk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"School group secures \u00a31.75m bridge loan on West Kensington block\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/#website\",\"url\":\"https:\\\/\\\/second-home.uk\\\/\",\"name\":\"Second Home\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/second-home.uk\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/second-home.uk\\\/#\\\/schema\\\/person\\\/4d1b4955add7c14742a3be9aaae12292\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/be5e1ed89eef5f3974748e7fc92985bcfb2b595ca712f48dda78b019b41e95f3?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/be5e1ed89eef5f3974748e7fc92985bcfb2b595ca712f48dda78b019b41e95f3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/be5e1ed89eef5f3974748e7fc92985bcfb2b595ca712f48dda78b019b41e95f3?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\\\/\\\/second-home.uk\"],\"url\":\"https:\\\/\\\/second-home.uk\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"School group secures \u00a31.75m bridge loan on West Kensington block - Second Home","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/","og_locale":"en_US","og_type":"article","og_title":"School group secures \u00a31.75m bridge loan on West Kensington block - Second Home","og_description":"A private school group has secured \u00a31.75 million in bridging finance against a block of buy-to-let flats in West Kensington to address liquidity pressures stemming from VAT changes in the education sector. Precise Mortgages completed the facility, which was arranged through broker Sirius Finance, against an unencumbered block of five buy-to-let flats valued at \u00a32.865 [&hellip;]","og_url":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/","og_site_name":"Second Home","article_published_time":"2026-06-09T22:02:51+00:00","og_image":[{"width":910,"height":606,"url":"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#article","isPartOf":{"@id":"https:\/\/second-home.uk\/?p=11348"},"author":{"name":"admin","@id":"https:\/\/second-home.uk\/#\/schema\/person\/4d1b4955add7c14742a3be9aaae12292"},"headline":"School group secures \u00a31.75m bridge loan on West Kensington block","datePublished":"2026-06-09T22:02:51+00:00","mainEntityOfPage":{"@id":"https:\/\/second-home.uk\/?p=11348"},"wordCount":310,"image":{"@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#primaryimage"},"thumbnailUrl":"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg","articleSection":["Second Home"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/second-home.uk\/?p=11348","url":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/","name":"School group secures \u00a31.75m bridge loan on West Kensington block - Second Home","isPartOf":{"@id":"https:\/\/second-home.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#primaryimage"},"image":{"@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#primaryimage"},"thumbnailUrl":"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg","datePublished":"2026-06-09T22:02:51+00:00","author":{"@id":"https:\/\/second-home.uk\/#\/schema\/person\/4d1b4955add7c14742a3be9aaae12292"},"breadcrumb":{"@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#primaryimage","url":"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg","contentUrl":"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg","width":910,"height":606},{"@type":"BreadcrumbList","@id":"https:\/\/www.propertywire.com\/news\/uk\/school-group-secures-1-75m-bridge-loan-on-west-kensington-block\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/second-home.uk\/"},{"@type":"ListItem","position":2,"name":"School group secures \u00a31.75m bridge loan on West Kensington block"}]},{"@type":"WebSite","@id":"https:\/\/second-home.uk\/#website","url":"https:\/\/second-home.uk\/","name":"Second Home","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/second-home.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/second-home.uk\/#\/schema\/person\/4d1b4955add7c14742a3be9aaae12292","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/be5e1ed89eef5f3974748e7fc92985bcfb2b595ca712f48dda78b019b41e95f3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/be5e1ed89eef5f3974748e7fc92985bcfb2b595ca712f48dda78b019b41e95f3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/be5e1ed89eef5f3974748e7fc92985bcfb2b595ca712f48dda78b019b41e95f3?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/second-home.uk"],"url":"https:\/\/second-home.uk\/?author=1"}]}},"jetpack_featured_media_url":"https:\/\/second-home.uk\/wp-content\/uploads\/2025\/12\/69528666a310d68600f4f99b.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/second-home.uk\/index.php?rest_route=\/wp\/v2\/posts\/11348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/second-home.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/second-home.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/second-home.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/second-home.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11348"}],"version-history":[{"count":0,"href":"https:\/\/second-home.uk\/index.php?rest_route=\/wp\/v2\/posts\/11348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/second-home.uk\/index.php?rest_route=\/wp\/v2\/media\/6880"}],"wp:attachment":[{"href":"https:\/\/second-home.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/second-home.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/second-home.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}