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Huddersfield | Yorkshire

Loan type

Development Finance

Loan Amount

£

17,833,016

Term Length

18

months

LTP

77%

LTC

93%

LTGDV

65%

Purpose

To finance the acquisition and redevelopment of two substantially completed PBSA blocks to provide 403 student beds.

Exit

A combination of rooms being let and refinance period.

Loan Strengths

  • Convenient location for students
  • Scheme will be refurbished and reconfigured with high specification amenities
  • Borrower has strong experience in PBSA developments in the area

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