Loan Scenarios

Recently funded projects – September : December 2022

The Scenario: We actively fund projects in England and Wales, providing fast property finance to borrowers. We consider each case on its own merits, with decisions made promptly and with surety. Here is a snapshot showing a few recently funded cases.

£60,000 Development Loan

Trading shop with part-finished flats over

Borrower: Multiple individuals
Security: 2nd Charge
Purpose: Completion of building works
Interest: Rolled up
LTV: 60% net. Arrangement fee, interest and legals added

 

£400,000 Development Loan

Multiple unit site, works commenced

Borrower: Established corporate
Security: 1st Charge. No Debenture
Purpose: Cash flow building works pending off site sales
Interest: Rolled up
LTV: 66% net. Arrangement fee, interest and legals added

 

£275,000 Development Finance

Site with consent for a 3-bedroom house

Borrower: Corporate. SPV
Security: 1st charge. No PG
Purpose: Purchase monies and 100% of costs funded
Interest: Rolled up
LTV: 60% net. Arrangement fee, interest,legals added
Location: Wiltshire

 

£228,000 Purchase Bridge

Site with barns for conversion. 2 units

Borrower: Corporate
Security: 1st charge. No PG
Purpose: Purchase monies
Interest: Rolled up
LTV: 50% net. Arrangement fee, interest and legals added
Location: Cornwall

 

£135,000 Re-bridge

Leasehold commercial

Borrower: Corporate
Security: 1st charge. No PG
Purpose: Re-bridge
Interest: Serviced
LTV: 54% net. Arrangement fee, interest and legals added
Location: Kent

Do you have a project in mind? If so, please feel free to contact us for an informal discussion or to discuss a particular case.

Recently funded projects March 2023

Our latest snapshot shows a few recently funded cases and real-life examples of fast property finance provided to borrowers in England and Wales.

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Recently funded projects February 2023

Our latest snapshot shows a few recently funded cases and real-life examples of fast property finance provided to borrowers in England and Wales.

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Recently funded projects January 2023

Our latest snapshot shows a few recently funded cases and real-life examples of fast property finance provided to borrowers in England and Wales.

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