Mantra Group, part of BTG, introduces £24.4m Senior Loan from Topland Vintage for Prime Belgravia Residence

Mantra Group, part of BTG, has introduced a £24.4m senior loan facility from Sol Zakay's Topland Vintage at one of Belgravia's most prestigious addresses for a UAE-based ultra-high-net-worth (UHNW) family.

The bespoke facility, which is secured against a freehold 16,300 sq. ft residence, enables a UAE-based client to refinance an existing loan from a private bank.

Mantra Group, part of financial and real estate advisory group BTG, worked with Topland Vintage to structure this bespoke, competitively priced 18-month facility at 60% loan-to-value (LTV) with the facility funded entirely from Topland's own balance sheet.

This latest deal highlights the ability of BTG, which includes Mantra Group, to introduce and structure bespoke debt solutions, in collaboration with major mainstream and alternative lenders, to private entrepreneurs and business clients based internationally encompassing the UAE and Asia.

The deal underlines Topland Vintage's continued appetite for prime Central London lending and its ability to deliver speed, certainty and flexibility on complex, high-value transactions, reflecting its fully discretionary capital base.

Anish Vora, Structured Finance at Topland, said:

“Topland is committed to providing competitive real estate financing solutions secured against high-quality assets. Prime Central London remains a core market for us, and this transaction reflects our conviction in the sector. As we lend from our own balance sheet, we move with speed and certainty and will structure around the specific needs of the borrower. In this case, a bespoke facility that met the client's refinancing objectives from start to finish. We have built a strong working relationship with Mantra over the past couple of years and look forward to continuing this collaboration"

Nimesh Sanghrajka, Managing Director of Mantra Group, which introduced the transaction, said:

“Prime Central London debt transactions require a reliable and pragmatic capital partner. Together with Topland we have worked hard to understand the needs, capabilities, and financial structure of our client in order to deliver what is best value for them going forwards. Topland gave our client complete confidence in its ability to deliver, which is a testament to their expertise, market knowledge and conviction within this sector."