Livingway secures £36.4m package from Secure Trust Bank
Build-to-rent developments including Liverpool’s Roco will be supported by the funding, arranged with the lender’s real estate finance team.
UK-based build-to-rent investor and operator Livingway has secured the funding to support three operational BTR assets.
The three-year funding supports three BTR assets, with facilities structured at 65% loan-to-value. The deal also includes a temporary increase to 70% LTV through bespoke structuring tailored to the borrower’s requirements.
The transaction establishes a new relationship between STB Real Estate Finance and Livingway, following discussions that first began in early 2025.
Located on James Street in the heart of Liverpool, ROCO offers fully furnished apartments alongside a range of amenities, including co-working spaces, wellness facilities and communal lounges.
Nigel Fisch, chief executive at Livingway, said: “We are pleased to partner with STB. This deal represents an important step for Livingway as we continue to grow our portfolio across key regional cities.
“From the outset, STB understood both our operational model and the importance we place on resident experience. This allowed us to structure facilities that aligned with our long-term objectives of meeting the needs of today’s renters and to create homes which supply exemplary living spaces and unique experiences, empowering our residents to be together and live life.”
Livingway’s website profiles assets in Stockport, Bolton, Leeds, and Failsworth, along with Liverpool.
Mike Feasey, relationship director at STB Real Estate Finance, said: “Livingway has built a compelling operational model within the BTR sector, underpinned by a genuine resident-first approach and a strong long-term vision for the portfolio.
“It was clear that flexibility and collaboration would be key to delivering the right outcome, so we worked closely with the client to structure facilities that supported its objectives while reflecting the strength of the underlying assets and business model.
“This is a great example of the relationship-led approach we pride ourselves on at STB, and we look forward to supporting Livingway as the portfolio continues to grow.”
Headquartered in Manchester, Livingway operates a fully integrated in-house platform spanning leasing, property management, procurement and resident services.
Livingway’s then-group MD Ian Scott showcased Roco at a Place event in 2024, outlining the firm’s approach to conversion projects.
