Warwickshire

Development Funding

Loan
£3m
LTGDV
65%
Product:
Development Finance
Lender Type:
SME Developer

Our client secured residential planning on a plot of agricultural land for x4 executives homes.

After being let down by another lender, terms were secured at 65% LTGDV on the acquisition and construction funding of the project at a floating rate over BBR. The deal was completed in 8 weeks front to back.

Architectural CGI of proposed new property development