Andy Stanbury, Director of Alburys Financials is delighted to announce the completion of three development exit loans totalling £11.1M.
Our long term highly successful Clients are specialists in new build and permitted development schemes, required a refinance and capital raise to fund further purchases and start development works on existing pre-owned sites.
The property portfolio, which included 16 completed new build units near Luton and 107 partially completed new-build apartments in the Midlands, has a current value of £17M.
We have developed a fantastic relationship with our Lenders over the years. As a result, we can often get cases sanctioned that others can’t.
These are details of a previous deal we have helped our Client with. Any rates or terms expressed in this case study were specific to those clients’ circumstances and may not be available now. Therefore, any terms or rates offered to you may differ and will be subject to status.
If you have any questions or wish to discuss any funding requirements, please don't hesitate to contact us. We'd love to hear from you.