The Property Finance team at Cowgills has successfully advised Starship Developments in securing a £4.6m facility from Sancus Lending. The funding has been used to refinance and support the completion of the nearly finished Hilbre Sands scheme, an exclusive collection of eight luxury two-bedroom apartments overlooking the Dee Estuary in West Kirby.
Commenting on the deal, property finance director David Rainford commented: “We’ve worked closely with Starship over several years, supporting them as they navigate an increasingly complex funding landscape. Securing the right facility for Hilbre Sands, their latest standout scheme, is a fantastic result. This funding provides the time and flexibility needed to complete the development, bring it to market and maximise sales.”
Hilbre Sands is an exceptional coastal development offering thoughtfully designed open-plan living, expansive terraces with stunning estuary views, and contemporary interiors featuring Porcelanosa finishes and high-specification kitchens. Residents will enjoy bi-fold doors connecting indoor and outdoor spaces, underfloor heating, and the convenience of West Kirby’s vibrant town centre, all just a short walk away.
Dave Dargan, CEO at Starship, added: “This has been a significant milestone for the business. Working alongside Cowgills and Sancus has enabled us to focus on delivering these high-quality coastal homes, which we believe set a new standard for apartment living on the Wirral. The support we’ve had has been crucial in ensuring the development meets both our vision and the high expectations of future residents.”
Andrew Charnley Managing Director at Sancus Lending added: “Hilbre Sands is a fantastic example of the kind of quality, design-led scheme we’re keen to support. Starship’s approach to design, combined with Cowgills expertise in structuring the right funding, means the development is well positioned to succeed in the market.”
The Property Finance team at Cowgills advise and support SME developers and investors across the North West and beyond.
