Development Exit Bridging Loan – Liverpool
Loan type | Development Exit Bridging Loan at 62% LTV |
Loan size | £3,560,000 |
Loan term | 18 month term |
Property/asset | Block of 15 new build apartments |
Property location | Liverpool |
Borrower | Developer |
Loan purpose | Refinance on recently completed development to allow developer to sell on the open market |
Loan exit | Sale of the properties |