Bridge to complete property development work

Bridge to complete property development work

Loan typeBridging loan to complete development works
Loan size£675,000
Loan term9 month term
GDV£964,000
Property/assetNew build scheme
Property locationEngland
BorrowerExperienced Property Developer
Loan purposeA developer was looking to raise additional finance to complete their new build scheme. The scheme was designed for affordable housing which offered slight complex lending criteria.
Loan exitNew build scheme unit sales

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