Sevenoaks | Kent

Loan Type

Development Finance

Loan Amount

£28,035,324

Term Length

31 months

Leverage Levels

73%

LTP

88%

LTC

70%

LTGDV

Purpose

Financing the demolition of the existing building and the development of a residential apartment building of 69 units, together with parking, basement and landscaping.

Exit

To sell the units on the open market.

Loan Strengths

  • Well designed with a high specification finish
  • Sought after and desirable commuter town
  • Strong counterparty with experience
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