NOMA district | Manchester

Loan Type

Development Finance

Loan Amount

£10,495,800

Term Length

22 months

Leverage Levels

62%

LTP

83%

LTC

65%

LTGDV

Purpose

To assist the borrower with the refinance of the property and subsequent development into 66 residential units.

Exit

Sale of units.

Loan Strengths

  • Low capital values qualifying for “help to buy”
  • Character building with historic features
  • Good central residential location
  • Strong comparable sales and rental evidence
This website uses cookies to ensure you get the best experience. Learn More