The property in Barnet, north London, had planning permission for a change of use from a clinic to a three-bedroom residential family home.
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The property in Barnet, north London, had planning permission for a change of use from a clinic to a three-bedroom residential family home.
The loan provides funding to the MUI Group to refinance existing loans and finance a comprehensive refurbishment of the property.
Paragon's latest landlord product is available up to 75% LTV and transfers to a buy-to-let mortgage at the end of the refurb period.
The developer has completed five separate deals in less than 12 months with Aspen at a total loan value of £2.1m.
The £3.5m refurbishment facility is secured against the listed property in South Kensington.
The specialist finance packager and master broker worked alongside Octance Capital for the first time to secure the funding.
The deal for Sama Investment Group went towards the purchase of a 6626m2 building in Wolverhampton City Centre, destined to be redeveloped into PBSA
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 new refurbishment facility has been introduced after Tuscan Capital secured an additional funding line.
The bridging and development lender has announced that it has closed a £16 million hybrid acquisition and refurbishment facility with a multi-national real estate asset...
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