Redwood Bank is part-owned by Warrington Borough Council and provided the loan to support the development of 14 flats (one, two and three-bedroom units) and 3 commercial units. The £1.6million project will convert a former branch of RBS on Horsemarket Street, which closed in 2018.
Redwood Bank’s business development manager Sue Young said: “We were thrilled to be able to support a veteran property investor in bringing housing to Warrington town centre.
“Neil was able to place his trust in Redwood Bank and allow us to move swiftly to come up with a solution that worked for all parties.”
Buttermarket Properties director Neil Trainer added: “I’ve been impressed by the can-do attitude shown by Sue and the Redwood team.
“They find solutions to make things happen and the proactive approach has ensured a swift deal which, in the current property market, is vital.”
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Redwood Bank recently appointed Simon Steer as business development manager for Yorkshire, as part of their growth plans.