Development Finance For Office To Residential Conversion
The Scenario:
An experienced developer with a background in office conversions with completed projects across England acquired an old office block in Birmingham for £1.2m. With planning obtained for conversion into 12 new residential apartments finance was required to move from the client's existing loan facility with increased financing required to cover the cost of the refurbishment.
Our Solution:
Refurbishment finance was sourced for the client from a specialist lender on attractive terms and the facility was put in place to allow the developer to complete the work and sell the flats with a £3m GDV.
A number of specialist lenders are happy to lend on this type of project. Call us on 0117 959 5094 or use our simple contact form to discuss your project.
Fergus Allen
Finance Broker
Cardiff
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Book ConsultationJacob Phipps
Finance Broker
Bristol
(+44) 0117 959 5094
Are you looking for a similar type of property finance? I specialize in helping international clients source residential and investment property finance for UK property. Please get in touch and we can arrange a time that's convenient for you to discuss your situation.
Book ConsultationJack Spillane
Finance Broker
Bristol
0117 959 5094
Mathew Phillips
Senior Finance Broker
Bristol
0117 959 5094
Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.
Book ConsultationAlex Chambers
Senior Finance Broker
Bristol
0117 403 4324
Luther Yeates
Senior Finance Broker
Bristol
0117 244 5561
Are you looking for a similar type of property finance? I have extensive experience finding residential and investment property finance for UK and international clients. Please get in touch and we can arrange a time that's convenient for you to discuss your situation.
Book ConsultationSam ONeill
Senior Finance Broker
Bristol
0117 959 5094
Is your situation similar? I am a bridging finance specialist at Clifton. I can find a quick, cost-effective solution for the funding you're looking for.
Book ConsultationRobert Gibb
Senior Finance Broker
Bristol
0117 959 5094
Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.
Book ConsultationAdam Arnott
Associate Director
Bristol
0117 205 0214