Development Loan

Bristol Development

Development loan to refurbish large, detached house

The developer needed financial support to purchase and renovate a dilapidated house on one of the best roads in an affluent area.
He turned this tired 4-bed house into a contemporary, luxury 5-bed with a new build self-contained garden annex.

Location: Knowle, Solihull
Loan value: £1,050,000
Loan terms: 27 months
Requirement: Development Loan
Set-up time: 25 days

Challenge

For the developer to obtain planning permission for the extension on the existing house and the detached new build garden annex.

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