Buckinghamshire
Residential Investment
- Loan
- £780,000
- LTV
- 75%
- Product:
- Residential Investment
- Borrower Type:
- SME Developer
Our client secured planning permission to convert a purpose built 1980s office building which has been converted to provide 7 x 1
bedroom and 1 x 2 bedroom self contained flats together with off street parking.
Following completion, we arranged a facility to refinance the existing development lender and release additional capital to support their next project.
The funding was structured on a 20-year term with a non-bank lender on a five-year fixed rate, providing both stability and flexibility for the client’s ongoing growth strategy.