4 beautiful new build residential properties in Swansea
Our client is a well-respected developer with funds tied up in other developments in progress. We happily stepped in to provide mezzanine finance on a second charge, to help cover what was needed for a new project in Swansea.
With full planning permission in place our developer is building 4 new build residential properties with a future value of £2,970,000. The exit of the loan will be repaid from the part sale and/ or refinancing of the developed site.
Our experienced developer was delighted that we could ensure this fantastic opportunity would not be missed, and already has future projects lined up for us to assist with.