New family homes being built in Yorkshire
Ground-up development of two five-bed detached houses located within the golden triangle of Leeds, York and Harrogate.
We have provided a £1.5m facility over 18-months, which will be used to refinance an existing bridge facility and fund the ground-up development of two five-bed detached houses. The borrower is confident that they will be able to deliver these houses within seven months of the loan completion date and we are keen to support this ambitious target.
Gross Loan
£1.5m
Term
18 months
LTV
65%
Units Created
2
Exit Method
Sales
"Great to be working with this developer who knows their patch and has a great track record."
- Raj Hothi, Senior Investment Manager
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