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new build property

PURCHASE AND CONSTRUCTION

CASE STUDY

£390,000 Gross

1.03% PM + 1% EXIT

70% LTV | 66% LTGDV | 80% LTC

12 MONTHS

The brief

Our solution

Underwriter quote

With the extra security of the existing house, we were able to deliver 66% LTGDV / 80% LTC to cover the developer’s full cost of works.

The client required a loan to purchase a 3 bed semi-detached house in Bristol and cover the works to build a new detached property on its land. 

"It’s great working with such an experienced developer to help realise their vision. I'm looking forward to seeing this property completed and collaborating with them on future projects."

£390k
Gross

1.03% PM
+ 1% EXIT

70% LTV | 66% LTGDV |
 80% LTC

12 MONTHS

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