Like many other experienced developers, the borrower applied for extended planning permission after purchasing the property. We were happy for the borrower to do this with an experienced developer like this one, because although it may mean needing to amend the loan, our risk would be brought down following the planning uplift. Sure enough, new planning came through 3 months into the loan term. We restructured the loan to give the borrower extra funding, enabling them to complete the project on time.