Fast action to secure a development site

Background

Our client urgently needed to secure a development site that had planning permission for 7 houses. A fast transaction was required otherwise our client would have lost the opportunity to purchase the site.

Solution

We obtained a holding bridging facility to purchase the land, which provided our client with the necessary funds to complete the purchase within 3 weeks. Upon completion, we obtained the necessary development funding to commence the build without delay.

Bridging to development

Bridging Facility: £650,000

Term: 6 months

Development Facility: £1.65m

Term: 18 months

Funded 100% Build Costs: £900,000

Don't hesitate to
contact us for any
information.


Call us to find out more information about
how we can help you

0800 802 1003

Subscribe to our newsletter to receive our updates and offers.