November’s Development Funding Overview

Loan Funding Check

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Across the month of November Mint Bridging has funded some truely remarkable development the length and breadth of the country providing finance in the millions for our lenders. Review a small sample overview of some of our hand-selected deals from November and should you or a client require funding be sure to submit a rate check :

Example Development Loans

Prescot

Purpose of Loan: Commercial Development
Loan Amount: £435,000
Term: 15 Months
Security: 1st Charge
Agreement In Principle: Within 60 Minutes



Case Details

The lender is purchasing the property with the loan in-conjunction with a second capital raise on an additional property which has also been funded by Mint bridging

Hampton

Purpose of Loan: Commercial Development
Loan Amount: £1.1M
Term: 12 Months
Security: 1sr Charge
Agreement In Principle: Within 60 Minutes

Case Details

The lender is purchasing the property with the loan in-conjunction with a second capital raise on an additional property which has also been funded by Mint bridging. The developer will renovate the ground floor retail unit and construct 2 split level 2 bedroom aprtments.