Integritas Property Group has secured a £15.5 million development funding facility for its Central Point development in Liverpool, marking a major milestone in the continued delivery of the scheme.
The funding has been secured through a new partnership with BG Lending and provides the capital required to progress construction activity across both developments. IPG will now begin remobilising the site in preparation for works to continue, with commencement to proceed once the necessary authority is granted by the Building Safety Regulator.
The transaction follows a detailed lender due diligence process against the backdrop of a significantly more complex regulatory environment for the UK property and construction sector, particularly following the introduction of the Building Safety Regulator. Navigating this period has presented challenges across the sector but securing a facility of this scale underlines continued confidence in the quality of the schemes, the strength of underlying demand, and IPG’s ability to deliver.
Throughout this period, IPG has remained focused on protecting the long-term value of its developments, maintaining open dialogue with stakeholders, and progressing the necessary steps required to move the schemes forward. The successful completion of this funding facility represents a clear vote of confidence in the business, the projects, and the team’s commitment to delivery.
Central Point is expected to support approximately 100 jobs throughout the construction and operational phases, benefiting local supply chains and contributing to wider economic growth across Liverpool and the North West.
Once complete, the development will deliver high-quality residential accommodation designed to meet increasing demand for modern, well-located city living.
Mitchell Walsh, CEO of Integritas Property Group, said. “Securing this £15.5 million development funding facility is a major milestone for Integritas Property Group and represents a strong vote of confidence in Central Point.
“We are extremely grateful to BG Lending for their support, confidence and belief in the long-term value of these developments. Bringing a new institutional lending partner into Liverpool is significant, not only for IPG but for the wider city and regional property market.
“The past period has been challenging, not only for IPG but for many developers operating within a changing regulatory and economic environment. The introduction of the Building Safety Regulator has created a far more complex landscape for the wider sector, and navigating that process has required patience, resilience and a continued commitment to doing things properly.
“Throughout that time, our focus has remained on protecting the schemes, supporting our stakeholders and ensuring we had the right funding and delivery partners in place to move forward responsibly.
“We will now begin remobilising the site in preparation for works to continue, with commencement to proceed once the necessary authority is granted by the Building Safety Regulator. We are delighted to be working with BG Lending as our new funding partner and look forward to moving the schemes forward.”
Aysan Ozel of BG Capital added, “We are pleased to support Integritas Property Group with the refinance of the Central Point development. Despite ongoing market challenges, we recognise the strength of the projects, the long-term value of the developments and the commitment shown by the IPG team throughout the process. We are also actively working alongside IPG to close its financing on Central Point’s sister development, Sovereign Point.”
The funding represents a significant step forward for Integritas Property Group as it continues to strengthen its development pipeline, support local regeneration, and reinforce its position within the regional property market.
About Integritas Property (IPG)
Integritas Property Group (IPG) is an ethical property developer based in the Northwest, priding itself on a people-first approach to property development. The company has a broad property portfolio, from bespoke city-centre apartments to student accommodation.