Blog post
June 25, 2021

Case study: £1.5 million Development Exit for completed 13-unit development

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Location: Epsom

LTV: 70%

Loan amount: £1,592,000

Purpose: Development Exit finance for second completed development in the area

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The second of two completed developments we refinanced for this client in the area.

We had funded this 13-unit development scheme in Surrey at the beginning, and the borrower approached us when they wanted to refinance the completed property which had three outstanding units left to sell. 

Having worked with them before, and were working with them on another deal nearby, we were happy to support the developer with the necessary funds. 

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This website is operated by LendInvest plc. LendInvest plc is a public limited company registered in England and Wales (No. 8146929). Registered Office: 8 Mortimer Street, London, W1T 3JJ.

For borrowers, borrowing through LendInvest involves entering into a mortgage contract secured against property. Your property may be repossessed if you do not keep up repayments on your mortgage.

LendInvest Funds Management Limited is a private limited company registered in England & Wales (No. 07667749) and is a wholly owned subsidiary of LendInvest plc. Registered Office: 8 Mortimer Street, London, W1T 3JJ.

All arrangements relating to the management of investments in alternative investment funds are undertaken by LendInvest Funds Management Limited, authorised and regulated by the Financial Conduct Authority (FRN: 624223). For investors, income and capital repayments are not guaranteed. Your capital is at risk.

LendInvest Loans Limited is a private limited company registered in England & Wales (No. 09971600) and is a wholly owned subsidiary of LendInvest plc. Registered Office: 8 Mortimer Street, London, W1T 3JJ.

LendInvest Loans Limited is authorised and regulated by the Financial Conduct Authority (FRN:737073). Borrowing through LendInvest Loans Limited involves entering into a mortgage contract secured against property. Your property may be repossessed if you do not repay your mortgage in full.

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