Warwickshire

Development Funding

Loan
£2.7m
LTGDV
65%
Product:
Development Finance
Lender Type:
SME Developer

Our client negotiated the acquisition of a plot of land containing 6 barns, with the benefit of planning to convert them into C3 residential dwellings.

Terms were secured on the acquisition and construction funding of the project, on a floating rate over BBR, at 65% LTGDV.