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Binfield | Berkshire

Loan type

Development Finance

Loan Amount

£

6,443,489

Term Length

23

Months

LTP

33%

LTC

78%

LTGDV

65%

Purpose

To finance the demolition of an existing bungalow and outbuildings, and subsequent construction of 15 houses and 6 flats, along with associated parking and landscaping.

Exit

Houses to be sold on the open market and apartments to a housing association.

Loan Strengths

  • Experienced developers with a strong history of development and sales in the South East
  • Sought after village location with good access to amenities and Swinley Forest
  • Small but high-quality schemes suitable for the local market

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