The way we work, and shop has changed, leaving many commercial properties underused. However, this shift has sparked a creative revolution in property development: commercial-to-residential conversions. There has been a huge surge in applications to transform old offices and shops into modern living spaces, tackling the housing shortage and revitalising our town centres in one fell swoop.
This is a trend Seneca is proud to support. Our development finance products are perfectly suited for these complex projects, providing the necessary capital to reimagine and repurpose these buildings. From the initial valuation discussed with our Sales team to the final drawdown managed by our Operations team, we provide the financial backbone that allows developers to turn empty commercial units into desirable new investment homes.