REIM Capital Case Study: Completion of a 650k Development Loan in Essex
Updated: Jun 13, 2022
Client: Property Developer
Reason for the loan: The client required a loan on a bungalow with planning permission to demolish and build 2 houses. Reim Capital provided a land loan as well as 100% of the construction cost.
Location: Essex
LTV: 55%
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The client acquired the development site with their own funds at the start of 2020. With the client being an experienced local developer, we believe they are in a good position to deliver high quality development within the Term of our loan.
Do you have any questions or queries that we can help with? Reach out to a member of our team at info@reimcapital.com