Enquiry to Completion in 4 weeks

A new developer approached us looking to arrange development finance for a site that consisted of 2 existing houses, which were to be demolished and replaced with 4 new townhouses. The developer’s requirement was of an urgent nature as his High Street lender had let him down. We completed the finance for this developer in 4 weeks (from enquiry to completion)

Location: Somerset
Loan Amount: £3,600,000
LTGDV: 70%