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This borrower purchased the land with planning consent to build a 2-bed dwelling in croydon, and needed finance for build cost.
While this development started off very well, the borrower quickly realised that he was being impacted by the rising material costs. Even though this was our first project with this borrower, we wanted to be a flexible lender and as such we agreed to provide additional support to complete this build.
We are pleased to have given them the helping hand they needed and what a great result.
