East of England
Planning Bridge
- Loan
- £4.29m
- LTV
- 55%
- Product:
- Bridging Finance
- Borrower Type:
- Real estate private equity firm
A bridging facility for a private equity real estate business, secured against a portoflio of assets in the East of England, with a combined market value of £7.5m.
The loan was structred at 55% LTV and was secured against three sites, two of which has positive pre-application advice for residential development from the Local Planning Authority, and one site has existing planning for an office scheme.
