Re-finance of a recently completed development of 28 flats (December 2010)
Synopsis An experienced property developer sought our assistance as his existing, high-street lender was pressing for repayment of the development loan.
| Loan size: | Funding of £1.56m agreed at 5.3% fixed for two years at 65% of the development value of the block of flats |
| Purchase Price / valuation | Assessed at £2.4m |
| Completion date: | December 2010 |
