Residential
A combined conversion and ground-up development in Exmouth
This development will transform a former college campus site and preserve a Grade II listed building to deliver 33 new homes.
We have provided an £11.9m facility to complete a new build development of 29 homes with a mix of houses and apartments on a former college campus site, while converting an existing Grade II listed building to provide a further 4 apartments.
Located approximately 11 miles south of Exeter, and a short walk away from Exmouth beach, this development will offer a good mix of 1 to 4 bed units, particularly sought after by a growing group of downsizer buyers
Gross Loan
£11.9m
Term
16 months
LTV
67%
Units Created
33
Exit Method
Sales
Loan Solutions
We specialise in providing tailored loan solutions for professional residential property developers. We offer choice and value, including variable and fixed rate options up to 70% LTGDV on loans between £3m to £40m. Our team of property professionals are expert in structuring the right finance solutions for your project – whether you have land with planning, are undertaking a permitted development, or are converting an existing building.
Read moreWe work with professional developers of PBSA schemes across the UK, providing customised finance facilities that align with the unique requirements of PBSA development and support build programmes to meet academic intake dates.
Read moreWe specialise in providing lending solutions that can be customised to meet the unique needs and requirements of build-to-rent projects. We offer competitive variable and fixed rate options and terms, which will ensure optimisation of the project's financial performance and return on investment.
Read moreWe have extensive experience in providing finance solutions for care home developers and operators. Our facilities are structured to support every stage of your care home development project, from acquisition, development and stabilisation of the asset.
Read moreWe recognise the importance of fast decisions and approvals for short-term financing requirements that will enable you to act quickly. As a specialist lender, our team of lawyers, surveyors, and credit experts can craft custom and transparent lending solutions for property acquisition, planning gain, and developer exit. You also have the benefit of being able to leverage our development finance expertise for longer-term finance requirements.
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