13 Detached Residential Units in Leicestershire
Gross Development Value: £8.61m
Loan Amount: £5.60m
Duration: 18 months
This deal was to refinance onto a new financial solution to complete the development of the second phase of the site as the initial lender only had the capacity to fund phase one of the project.
West One’s security of funding and experience on working on large-scale projects meant that they were the ideal choice for the client to use in order to finish their project.
Before West One could facilitate the funds for the client, the relevant due diligence and property checks were made to ensure structural integrity was at a reasonable standard.
Once this was done, the team worked quickly to get the funds to the client, allowing them to continue their development.