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Belsize Park | London

Loan type

Development Finance

Loan Amount

£

1,300,000

Term Length

9

Months

LTP

70%

LTC

76%

LTGDV

65%

Purpose

To assist with the purchase of a ground and lower ground floor flat on separate leases and fund their conversion into a single three bedroom family home.

Exit

Sale of the unit on the open market.

Loan Strengths

  • There is a strong demand for this scheme type
  • Borrower’s experience and knowledge of the local market
  • Straightforward build

We would like to thank you for the service provided in relation to your development facility – by some distance the most efficient we have received from lenders over the years. It was a very pleasant experience working with you and we hope to have the opportunity to do so again.

Alex and Natalie M.

Developers

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