Arc & Co. advised on the £220K loan for the refurbishment of a bungalow in Berkshire and the ground up development of a new bungalow adjoining to the existing.
Bridge lenders do not favour ground up works, therefore we were keen to collaborate with Think Property Finance who were on hand to help.
This deal was even more interesting as the borrower was able to JV with a land owner who was completely separate from the transaction. We were able to use their land as security.
Asset Finance Adviser
t: +44 (0) 20 3205 2123
m: +44 (0) 79 8340 0318
30 St. George Street, Mayfair, London, W1S 2FH