East Finchley | London

Loan Type

Development Finance

Loan Amount

£2,931,632

Term Length

18 months

Leverage Levels

69%

LTP

79%

LTC

68%

LTGDV

Purpose

To assist with the purchase of a site with planning permission to build 6 x 3 bed new town houses and fund 100% of the build costs.

Exit

Sale of units.

Loan Strengths

  • Improving residential area
  • Proximity to transport links
  • Well configured units with outside space and off-street parking
  • Low gearing
  • Developer local to the area

Testimonials

Having worked with multiple property finance companies, Zorin Finance have proved themselves to be a cut above the rest. From initial contact and at each subsequent interaction, the team impressed us with their responsiveness, diligence and professionalism. With highly competitive rates, they are a key partner to our business and have removed the need for us to look elsewhere for our financing needs.
Matt P. Developer
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