Residential Development in South London
Property Development
Back to Case Studies
The Challenge
A developer needed £8.5M to fund a 24-unit residential development in South London. Traditional banks were offering insufficient gearing and the developer needed 85% LTV to make the project viable.
Our Solution
We arranged senior debt at 65% LTV from a development finance specialist, topped up with mezzanine finance to achieve the required 85% gearing. Stage payments were structured to match the build programme.
The Outcome
The development completed on time and within budget. All units were sold within 6 months of completion, generating a profit of 28% on total costs for the developer.
Ready to Secure Your Finance?
Our initial consultation is free, confidential and without obligation. Let our experienced team find the right funding solution for your business.