Case study: Storrington, West Sussex
Project completed: December 2019
This weeks featured property is a spectacular ground-up development finance project
The Developer needed funds to demolish existing, ageing holiday rental homes and a sizeable Day One drawdown and for the facility to incorporate a long sale period after the build completed. Having numerous projects under their belt, the Developers had a comprehensive build schedule in place, contractors sourced and were looking to secure their funding prior to the planning approval so they could begin the build as soon as possible.
Mint Bridging was able to provide a development loan of £715,000 over an 18-month term on a first charge which was ready for drawdown on planning approval.
The project is now complete with the developments being scheduled to go on the market this month and as you can see from the featured pictures the end results are truly impressive.
More and more developers are turning to Mint Bridging for our award-winning finance solutions, speak to us today regarding your funding needs and to understand why our clients love working with us. With no restrictions on the level of experience required and extremely competitive rates, Mint Bridging is one of the most flexible lenders in the UK.
Do you need Development or Bridging Finance? Talk to the Mint Bridging team today: 0161 710 2763
Alternatively, submit an Eligibility Check and find out what you could borrow.