Norwich | Norfolk

Loan Type

Development Finance

Loan Amount

£13,606,164

Term Length

39 months

Leverage Levels

51%

LTP

81%

LTC

67%

LTGDV

Purpose

To assist with the refinance of an 8.08 acre parcel of land in Rackheath with planning permission for the construction of 80 new houses, 26 of which will be affordable units.

Exit

From the sale of the houses.

Loan Strengths

  • Excellent location
  • Proximity to city centre and amenities
  • Local developer with good track record

Video Testimonial

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