Contemporary living

Published on
July 10, 2024
Location
Brighton
Facility
£1.9m
LTV
79%
LTGDV
67%
Term
15 months
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Contemporary living

A direct borrower sought support from Lendhub for a property investment project in Brighton.

Our Development Facility covered both the purchase and development costs, which involved demolishing an existing house and outbuildings to construct four two-story, 4-bedroom houses with private gardens and off-street parking.

The borrower intends to sell the individual units on the open market as their exit strategy.

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