The brief

Our solution

Underwriter quote

Given the extensive nature of the redevelopment, a lengthy loan term was required to ensure a timely exit from the loan. We designed a 15 month package with four further drawdowns of £387,151, with no costly exit fees for early completion. 

The client required funding to support the conversion of a dilapidated light industrial unit into 4 houses.

We don't add the hidden costs that other lenders do, which is part of the reason that the client was so happy with this deal. If they repay the loan early, they'll have their interest rebated to the day. We look forward to working with them in the future 

Light Development Case Study CASE STUDY

CONVERSION OF A LIGHT INDUSTRIAL UNIT

£625,000

50% LTV

0.69%  PER MONTH

Funding 365 Limited is registered in England & Wales / Registered address: 20-22 Wenlock Road, London, N1 7GU / Company Number: 8488034.

Funding 365 Limited is not regulated by the Financial Conduct Authority or under the Financial Services & Markets Act (FSMA). All loans provided by Funding 365 Limited are non-regulated mortgage contracts, defined under Article 61(3) of the FCA Regulated Activities Order or non-regulated contracts under the Consumer Credit Act. Your property may be at risk if you do not keep up repayments on any mortgage or loan secured on it.

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0800 689 0650

30 Stamford Street, London SE1 9PY

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