
Bridge to complete property development work
Bridge to complete property development work
| Loan type | Bridging loan to complete development works |
| Loan size | £675,000 |
| Loan term | 9 month term |
| GDV | £964,000 |
| Property/asset | New build scheme |
| Property location | England |
| Borrower | Experienced Property Developer |
| Loan purpose | A 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 exit | New build scheme unit sales |
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