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April 23, 2020

Case studies: Development Exit and Bridge-to-Let deals

Luke Stevenson Written by Luke Stevenson
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Despite the challenges posed by ongoing lockdown measures, our Bridging team is still accepting and processing new applications. 

Here’s a sample of some of the Development Exit and Bridge-to-Let deals our team has worked on since the lockdown measures were introduced. 

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Lincolnshire

Development Exit for the remaining 4 properties of a 6 property development and repaying the Development lender. 

Loan Size: £207,000

LTV: 68.98%

Term: 12 months

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London

A Bridge-to-Let raising capital on a flat to buy commercial property at auction.

Loan size: £338,000

LTV: 49.28%

Term: 12 months

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Suffolk

Development Exit finance for an experienced developer looking to sell two new-build properties quickly.

Loan size: £337,000

LTV: 43.49%

Term: 12 months

Accepting new cases

You can contact your BDM directly or phone our main bridging enquiries line 0203 846 6886, or email: [email protected] with your new enquiries.

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