This portfolio had existing facilities due to expire, of which refinancing was proving difficult due to the owner being aged over 75 years without a succession plan in place. There were also pre-existing planning issues that proved problematic for some lenders. The client had managed to agree a refinance facility with a bank, only for the bank to pull out close to the completion date. This put the client in a difficult situation, but Sirius were able to leverage lender relationships to swiftly secure another lender and push through to completion in just 11 days.