At Assured we look at property development from the developer’s perspective and understand the need for short-term liquidity for experienced residential developer's delivering multiple sites where the Senior Funder 'LTGDV' is typically restricted to 60%-65%.
We recently launched a short term equity release product aimed at the residential developer whose site is nearing practical completion who seek to gear-up against the Redbook valuation up to 75% LTGDV. A South East residential developer has been the first to benefit from a £1.5m equity release which provided cash for an additional land purchase opportunity which arose at short notice.
Assured provided terms within 48 hours and working closely with the Senior Funder were able to drawdown the facility within 21 days of the initial enquiry.
If you're an experienced Residential Developer or Real Estate Finance Broker looking to unlock the potential equity in a development contact Leon Foxwell at Assured Property Finance on 07814 202435 or email: firstname.lastname@example.org. Website: www.assuredpropertyfinance.co.uk.