Development Finance
Refurbishment Finance
Funding a full property refurbishment to maximise value before sale or refinance, enabling our client to add significant value to an outdated property.
Category
Development Finance
Loan Amount
Confidential
LTV
75% GDV
The Client
Property developer
The Challenge
Needed finance to purchase and fully refurbish a dated property, with traditional lenders unwilling to lend on the property in its current condition.
Our Solution
Arranged development finance with staged drawdowns released as refurbishment milestones were achieved.
The Outcome
Refurbishment completed on schedule and within budget. Property value increased significantly, enabling profitable sale.