£4m facility arranged for client with limited cash input..

£4m facility arranged for client with limited cash input..

A client contacted us looking to develop existing land into a children's residential care home facility.


They had limited cash to put into the deal but the land had planning gain within.


However, no contracts with the local authorities had been put into place yet, which made the the deal particularly challenging.


By using our wide panel of funders, we obtained a £4,000,000 facility with 55% LTV, 66% LTC with planning gain and 95% LTC without planning gain.


To find out how we could help your business like we did here, contact us on 0115 958 6872.


MAF Property Finance

Unit 24 Maises Way,                      

South Normanton                                 

Derbyshire

DE55 2DS

Tel: 0115 958 6872

Email: info@mafpropertyfinance.co.uk

MAF Property Finance is a division of Midlands Asset Finance Limited which is authorised and regulated by the Financial Conduct Authority (FRN: 734580) and is registered in England and Wales under company number 06995483. The registered office is 22-24 Maisies Way, The Village, South Normanton, Derbyshire, DE55 2DS. The data controller registration number for Midlands Asset Finance Limited is Z1921169 and the VAT Registration Number is 982 5378 77.

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