Hindhead | Surrey

Loan Type

Development Finance

Loan Amount

£6,037,161

Term Length

21 months

Leverage Levels

49%

LTP

79%

LTC

69%

LTGDV

Purpose

To finance the acquisition of the site and demolition of the existing property, and the subsequent development of 6 detached family residences, consisting of 5 five-beds and 1 four-bed.

Exit

To sell the individual houses on the open market.

Loan Strengths

Scheme is located in the desirable and affluent village of Hindhead in Surrey, which has a good local range of amenities and easy connectivity to Central London.
Units will be finished to a very high standard
Strong demand for new build housing in this area with a current shortage of available sites