Development Exit
Facility

5 new build resiedntial apartments

Loan Amount

£1.5 million

structure

SPV

LTV

60%

asset class

Residential

This developer had used their own funds to build 5 new residential apartments. Prior to the sale of these properties, they had identified a new development opportunity and needed liquidity to start the scheme.
Sirius were able to secure a low rate development exit loan on the client’s current development at 60% leverage in just 6 weeks, including a re-inspection.

Advisor

Richard Stock Richard Stock Senior Associate, Residential & Investment Finance contact details 0208 092 4413
07702 806 755
richard.stock@siriusfinance.co.uk  
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To discuss an opportunity with our team please get in touch.

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