Senior Development

High-End New Build in Devon

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What Our Borrower Needed

Our borrower required a development loan in order to acquire a plot of land-with-planning in Devon, as well as funding for the new build of a 4-bed high-spec detached house.

How We Helped

This was our borrower’s first development, but they partnered with a very experienced construction firm. In turn, they completed and sold the property 3 months ahead of schedule, paying off the loan early with no early-exit fees from ourselves. Given the LTV, we were more than happy to lend and help out our borrower with their first development despite their experience. 

A quick note to thank you for all of your support throughout our first project… It has been a fantastic experience and I am really confident with the great team that we have put together
the Borrower

* Working days from offer to completion