The £6.5m development exit bridge was provided to several experienced developers, enabling the redemption of the development lender and freeing up equity in a capital raise to...
Related topic: Case Study
The society and self-build brokerage, Mayflower Mortgage and Finance, completed the £1,371,000 remortgage for a Cotswolds-based property with a final valuation of £2.5m.
A heavy works conversion, a church redevelopment, and a nearby brownfield land purchase have all been brought together by Aspen under one complex £5,625,000 refurbishment...
The firm's largest deal to date was for the development of 103 flats in Hastings
The lender used projected rental income to help assess affordability
The bridging deal with InterBay through SPF Private Clients took 3 weeks from enquiry to completion for a 12-month term bridge, although the client expects to exit onto term within 6...
Mortimer Street Capital has arranged a £4.1m development exit bridging facility for a client who had recently built a 22-unit scheme in a gated development in Surrey.
Aspen's latest bridge for an international client is helping to cement its growing prominence in the high-end London market.
The borrower plans to redevelop an exclusive Mews House in the super-prime residential location.
The development, 'Raleigh House' is located on the site of the original headquarters of the bike company, Raleigh Bikes.
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