North London – £1m

£1m Development

Gross Loan

£1m

Loan Type

Development

Term

18 months

LTGDV/LTV

60.7%

Annual Rate

0.62%

Monthly Rate

7.50%

We recently assisted a borrower with a development loan for £1m. This developer is paving the way for an exciting new project in North London.

The borrower, who already owns the site and holds full planning permission, is set to create two stunning, contemporary 3-bedroom detached homes. With construction now ready to begin, these exceptional properties will soon hit the market, offering modern living in a fantastic location.

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