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Hindhead | Surrey

Loan type

Development Finance

Loan Amount

£

15,768,244

Term Length

30

Months

LTP

67%

LTC

86%

LTGDV

70%

Purpose

To finance the acquisition of the site, provision of a VAT bridge, and construction of 38 residential units consisting of 28 houses and 10 maisonettes.

Exit

To sell the units on the open market.

Loan Strengths

  • Hindhead is a desirable and affluent commuter village
  • Strong demand for new build housing in this locality
  • Units will be finished to a high specification in line with the local market

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