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CONSTRUCTION OF 6 HOUSES
CASE STUDY
£910,000
0.93% PM
44% LTV / 60% LTGDV / 79% LTC
The brief
Our solution
Underwriter quote
We discussed the case at length with the client and crafted a 15-month loan, complete with drawdowns totaling £775,000. This solution fit their needs perfectly and allowed them to begin work right away.
Our client owned a plot of land in Bury St. Edmunds with planning permission to construct 6 semi-detached houses. They were in need of a facility that would allow them the time and resources to complete the project to a high standard.
It's really satisfying to see our products used to expand the housing opportunities in areas outside of London. In this case, we're delivering 6 fantastic living spaces to a great part of the country.
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