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East Finchley | London

Loan type

Development Finance

Loan Amount

£

1,146,912

Term Length

16

Months

LTP

60%

LTC

74%

LTGDV

67%

Purpose

To assist with the purchase of a site with planning permission to build six x 3 bed new town houses and fund 100% of the build costs.

Exit

Sale of units on the open market.

Loan Strengths

  • Good proximity to multiple transport links
  • Well configured units with private outside space and off-street parking
  • Developer is local to the area and understands the target market

Having worked with multiple property finance companies, Zorin Finance have proved themselves to be a cut above the rest. From initial contact and at each subsequent interaction, the team impressed us with their responsiveness, diligence and professionalism. With highly competitive rates, they are a key partner to our business and have removed the need for us to look elsewhere for our financing needs.

Matt P.

Developer

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