Lyndon Place | Birmingham

Loan Type

Development Finance

Loan Amount

£10,360,905

Term Length

29 Months

Leverage Levels

73

LTP

84%

LTC

64%

LTGDV

Purpose

To refinance of the property and provide development finance to assist with the construction of 85 new-build apartments, parking and landscaping.

Exit

The sale of the individual units on the open market.

Loan Strengths

  • The location is both popular and affordable, with good connectivity and easy access to Birmingham City centre
  • The proposed development should attract a range of demographics
  • 72 out of the 76 open market units will qualify for Help to Buy
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