Bridge to complete property development work

Sep 14, 2020Case Studies

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