LOCATION: Luton
Development: 52 New Build Flats
Loan Amount: £3.9m
LTV: 80% of All Costs
GDV: £6.5m
SUMMARY: 52 New build flat development for an established developer in Luton. Client had several sites in construction thus tying up a lot of their cash phase and so required a very high loan to value to cost structure which we secured from a substantial panel of lenders.