Arc & Co. has completed an £8,220,000 development facility to fund the construction of five luxury homes in Oxfordshire.
Director Tom Berry (pictured) was approached in early November 2025 by an experienced developer seeking ground-up finance by the end of January. The timeline left little margin for delay, particularly as the process would run through the Christmas period, traditionally one of the most difficult times to progress and close development finance transactions.
With time critical and funding certainty essential, Berry launched a competitive tender process to identify a lender that could deliver both strong commercial terms and rapid execution. The brief focused on securing a partner capable of underwriting and completing within weeks rather than months.
Several factors shaped the selection process, including:
lender responsiveness during the holiday period
clarity and certainty of underwriting
ability to meet a fixed January completion deadline
Following the tender process, Downing LLP was chosen as the funding partner. Lending director Will Powell moved quickly to issue terms that aligned with the client’s timetable and commercial requirements.
From credit approval through to legal completion, all parties worked to the same deadline. The loan completed in just three weeks from approval, allowing the developer to meet the vendor’s time constraint and proceed with the scheme as planned.
“When the client shared that he must complete by the end of January, we knew that the Christmas period would likely interfere with the time we had to progress the loan and complete,” said Tom Berry, director. “That concern was completely mitigated by Downing. Will Powell and his team made the entire loan process seem effortless—it was a pleasure for both Arc & Co. and the client.”
“Downing was delighted to complete on a complex housing scheme of five bespoke units in Oxfordshire,” said Will Powell, lending director. “A big thanks goes to Arc & Co. for the introduction and for their assistance in closing the transaction down in three weeks from approval.”
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