Loan of the Month – May 22

Our big project of the month! This was our second time working with these borrowers, who approached us for funds to repay the current lender on a site they owned with planning for 9 new dwellings. We also provided the full build costs to complete the development.

In the medieval town of Thetford, part of the build included the conversion of a grade II listed building and an archeological survey! At £900k build costs, the work to be done is extensive but having worked with these guys before we know that they always deliver, and as such were happy to provide 70% LTV and 100% of the build costs.  

Knowing your borrower really aids in loan applications, as we already have a relationship established to move the application forward. Don’t worry if you’re new to us though, we take on new clients every day and welcome all types of property developers to get in touch with us!

With that in mind, if you have any bridging or development enquiries, you can get in touch with us today by filling in your information below, and we’ll get back to you within 24 hours. We look forward to hearing from you!