Bridging finance for pre-sold residential development (1622)

Our client requires a £1.3m bridge facility to complete a residential development - all units pre-sold. 20 weeks to completion.

Key Points

• Facility required: £1.3m
• Term: 6 months
• Development of 5 houses in the heart of this desirable UK Yorkshire town
• Ground work already completed
• All units presold (exchanged)
• Exit: on completion of development and of the sales
• Sales value: £1.76m

Requirement

Contact Details

Please contact James Thomlinson or Bernard Frazer on 0845 210 5000 to discuss further or by email at james@redchilli.com or bernard@redchilli.com

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