Fulham Broadway | London

Loan Type

Development Finance

Loan Amount

£5,850,543

Term Length

9 months

Leverage Levels

86%

LTP

87%

LTC

70%

LTGDV

Purpose

To assist with the purchase of an office building with permitted development rights to convert into 12 x 1 bed flats

Exit

Sale of the unit on the open market.

Loan Strengths

  • Outstanding location in the sought after Fulham area
  • Straight forward office to resi conversion
  • Ground floor commercial pre-let to bank

Testimonials

Given the asset quality and location, it was critical to move quickly [to secure the site]. Thanks again for meeting our tight deadlines and stretching to our leverage requirements. All in all, a very positive experience.
Paddy L & Martin T. Developers
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