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Our borrower owned a piece of land-with-planning – adjacent to their own home – in Harrow, and required a development loan to provide the funding for the new build of a 4-bed detached house.
Despite not having much development experience, the borrowers partnered with a highly-professional construction firm. This enabled us to complete on the loan simply and quickly, and though the borrower required additional funds to finish the project, we were happy to provide these given the LTV on the loan.
