Case Studies - West One Specialist Lending

A £7m loan in less than a month? Development Finance in just 18 days

Written by West One Loans | Mar 10, 2021 2:25:27 PM

When you take on a development project, whether it is a heavy refurbishment of a property or a complex build starting from the ground up - you need a lender you can trust, but one that can swiftly provide funds when you need it. This case study demonstrates how quickly we were able to offer an existing client a £7m development finance facility allowing them to quickly launch their project.

 

  • Loan value
    £6,375,000
  • LTV
    62.5%
  • Development value
    GDV £10,200,000 
  • Loan term
    18 months (12-month build, 6-month sales period)