From brownfield to riverside living in East London
We helped our client with a bridge facility on a site in East London with residential planning consent that will deliver around 130 new homes.
We provided a senior land bridge finance facility to a London based development team.
Our client came to us with a warehouse site in East London benefitting from planning consent for the construction of 133 apartments. We provided a bridge facility to give our client time to sell the site on the open market, enabling them to recycle capital back into other projects.
Gross Loan
£8.1M
Term
12 Months
LTV
58%
Units Created
133
Exit Method
Sale
“To deliver new homes requires a development journey of many stages. Our facility enabled one of those stages to completed and moved the scheme one step closer to completion.”
- Alan MacLeod, Director of Credit
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