top of page
REFINANCE AND CONSTRUCTION
CASE STUDY
£650,000 Gross
1.03% PM + 2.5% exit
47% LTV | 56% LTGDV | 85% LTC
17 MONTHS
The brief
Our solution
Underwriter quote
We delivered a £320,000 day one loan with further drawdowns totalling £820,000 to keep the developer’s cash flowing and enable them to deliver on their plans.
The client required funds to refinance their existing loan held over a plot of land with planning and build a 3 storey block of flats in South Essex.
"It was satisfying to drill down into the logistics of the case and find an efficient way forward. There's growing demand for property in this area, so it's great to be able to greenlight a project that will help in meeting this demand."
£650k
Gross
1.03% PM +
2.5% exit
47% LTV | 56% LTGDV |
85% LTC
17 MONTHS
bottom of page