Development Finance Case Study 2010

West Sussex - £500,000 residential development finance for 4 new build houses through high street bank. Client had owned the land for some years. CD Property Finance arranged 100% finance to build the houses which should sell for £250,000 each.

Surrey - £150,000 loan to finance conversion and new build of 2 flats. Client had good construction experience but no development experience. The lender completed the loan quickly as work had started on site. The flats will sell for a total of £440,000. The lender required insurance for this project and CD Property Finance was able to introduce its insurance broker to the client, resulting in the insurances being in place in time for drawdown.

If you would like any more details or advice regarding property development finance, please contact us on chris@cdpropertyfinance.com
www.cdpropertyfinance.com.