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Our borrower required a loan in order to undergo a light development project: a conversion of a 1-bed flat into a 3-bed flat by way of a single-story conversion.
We were happy lending to this borrower given their track record, and completed in just over 2 weeks. However, the borrower was delayed on this project due to another of theirs over-running. That said, the borrower was upfront with us and we were happy to grant an extension to the loan term after agreeing a new project deadline.
