Surrey

Development Finance

Loan
£1.7m
LTGDV
70%
Product:
Development Finance
Borrower Type:
SME Developer

A part-complete development site in Surrey that ha prior approval for the conversion of a light industrial unit to x9 1 bedroom flats, and separately, conversion of a detached dwelling to create a 6 bedroom HMO.

The developer has 25 years of experience in planning gain and construction, and MSC sourced competitive terms on a stretched-senior facility at 70% LTGDV.