It is common for developers to take out finance with different lenders for different projects, and there are many reasons for this. It could be that location plays a part. The lender might be closer to the site, a different lender may have lower rates than a previous lender they have used before, or they could be looking for turnaround speed and need finance fast.
At West One, we are very proud of the relationships we have built up with our clients over the years. We enjoy being part of their development journey and seeing the projects they take on. This case study shows how quickly a £10m development finance facility was set up and completed for a West One returning borrower.