The developer approached Claydon Hill Capital with outline planning, due to timescales, they needed to bridge the purchase before it was possible to achieve full consent. The purchase had to complete within a short timeframe from the application and Claydon Hill arranged a bridge at 68% LTV within 3 weeks. This bridging facility gave the client a comfortable 12-month term with the possibility to extend by 6 months to achieve full planning for their BTR development. With a strong BTR track record and a clear business strategy, our funding partner was keen to support the client with a market-leading facility.
Feel free to give us a call on 020 8981 4925 to run through your funding requirements.
