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Urban regeneration
Lendhub provided vital financing for a project involving the purchase and development of two vacant properties in central London.
The plan includes converting a warehouse into a ground-floor commercial unit and six self-contained flats above, and transforming a mixed-use unit into a 3-bedroom house.
Lendhub initially offered a £3.4 million loan at a 68% LTV, later securing additional funding for development at 87% LTC and 81% LTGDV, totalling £7.26 million over 21 months.
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