Bournemouth | Dorset

Loan Type

Development Finance

Loan Amount

£9,367,566

Term Length

24 months

Leverage Levels

38%

LTP

82%

LTC

67%

LTGDV

Purpose

To assist with the refinance of an existing site and fund the development of 74 1, 2 & 3 bed private apartments across three separate blocks.

Exit

Sale of units.

Loan Strengths

  • Strong demand from investors and end-users, including: international students, first time buyers, down-sizers and 2nd home buyers
  • Phased development with the facility being paid down as the units are sold
  • Close to town center and beach

Video Testimonial

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