T: 01565 654005 NEWSLETTER ENQUIRY FORM

Posts Tagged 'development'

Case Study – Residential Development Finance

An experienced developer had been declined by their bank as they felt they were doing too many developments (this was the third!) so refused to lend. Based on the previous track record and their professional team a loan of £500,000 was agreed which was 65% of the current value and  100% of build costs and fees was agreed with a specialist property lender. Don’t always take no for an answer!

 

Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

Searchlight Menu