Lawrence Stephens Advises STB Real Estate Finance on £36.4 Million Build-to-Rent Financing for Livingway

Banking

Ajoy Bose-Mallick
July 2026

Lawrence Stephens is pleased to have advised Secure Trust Bank (STB) Real Estate Finance on the provision of £36.4 million in funding to Livingway, the build-to-rent (BTR) investor and operator, supporting three residential assets across its growing portfolio.

The three-year facility has been structured to support three build-to-rent schemes, including ROCO, a flagship residential development located on James Street in the heart of Liverpool city centre. The scheme offers fully furnished apartments alongside a range of resident amenities, including co-working spaces, wellness facilities and communal lounges.

The transaction marks the beginning of a new relationship between STB Real Estate Finance and Livingway, reflecting STB’s relationship-led approach to lending and the continued strength of the UK build-to-rent market.

The Lawrence Stephens team advised STB Real Estate Finance on all legal aspects of the financing, working closely with the lender to deliver a bespoke funding structure that supports Livingway’s growth plans across its residential portfolio.

Mike Feasey, relationship director at STB Real Estate Finance, commented:

“It was clear that flexibility and collaboration would be key to delivering the right outcome, so we worked closely with Lawrence Stephens and 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.”

Ajoy Bose-Mallick, Partner and Head of Banking at Lawrence Stephens, commented:

“We were delighted to advise STB Real Estate Finance on this significant transaction. The build-to-rent sector continues to attract strong investor interest, driven by increasing demand for high-quality rental accommodation and professionally managed residential communities. This deal demonstrates the value of bespoke financing structures in supporting experienced operators as they continue to expand their portfolios.”

The Lawrence Stephens team was led by Ajoy Bose-Mallick, Partner and Head of Banking, with support from Ann Ebberson, Head of Real Estate Finance, Lucy Barnett, Senior Associate in Banking, and Alex Ruder, Solicitor in the Banking team.

Congratulations to STB Real Estate Finance and Livingway on the successful completion of the transaction.

You can read more about our Banking team here and our Real Estate Finance team here.