Surrey

Development Exit Loan

Loan
£4.145m
LTV
75%
Product:
Development Exit
Lender Type:
SME Developer

Our client who recently completed a development scheme of 22 units within a gated development in Surrey, required an equity release and additional marketing period to sell down the units.

We managed to secure a market-leading rate, extended their financing for an extra 12 months, whilst also raising additional funds toward their onward site acquisition.