Kenton | Harrow

Loan Type

Bridging Loan

Loan Amount

£7,263,400

Key Metrics

69% LTDGV

Term Length

8 months

Purpose

A bridge loan to refinance the existing lender for the conversion of 70 apartments and 3,000 sq. ft. of commercial space. Further planning for 9 townhouses awaiting consent.

Exit

To refinance the exposure onto a development facility.

Loan Strengths

  • Experienced and diversified borrower with a good track record in similar schemes
  • Great location, with close proximity to parks, amenities, and very good transport links to Central London and beyond
  • Harrow has enjoyed annual price growth of 5.8% making it one of London’s top 10 boroughs by this metric
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