Development funding
for 12 houses

New build scheme with social housing allocation

Loan Amount

£2.76 million

structure

Senior mezzanine

GDV

£3.9 million

asset class

Residential

Sirius worked with a long term client to arrange funding for their scheme comprising 12 new build houses in Essex, two of which to be allocated as social housing, with a GDV of £3,938,000. Sirius successfully establish an agreement between a senior lender and a mezzanine lender to secure the £2,760,000 of finance required to proceed with the build.

Advisor

ROBERT COLLINS
SENIOR ASSOCIATE

0208 092 4413
0208 092 4413
robert.collins@siriusfinance.co.uk

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