PLANNING GAIN DEVELOPMENT

Planning Gain Development

Location: Brighton

Development: Planning Gain

Loan to Value (LTV): 90%

Brief Summary: An experienced developer needed finance to acquire a detached house with a large garden with a view to obtaining planning for two further detached units with sea views. The existing house was to be refurbished and an extension removed to create the access for the proposed new builds. Our lender provided 90% finance for the scheme utilising additional security.