The loan represents 60% of the £2.75 million gross development value of the property.

This latest deal follows Inspired Lending’s recent £2m commercial-to-HMO loan in Nottingham, which funded the purchase and full residential conversion of a vacant...

The £2m facility covers 100% of both purchase and development costs.

The new rates apply immediately across all new lending.

The facility covered 100% of both the purchase and refurbishment costs.

The loan, at 70% LTV over six months, enables the consolidation of three investment properties into a single corporate structure.

The loan, provided at 70% LTV on a 12-month term, is expected to be repaid through the sale of the property.

The borrower intends to complete the refurbishment in phases to ensure that each property is fully restored before being sold individually, thereby maximising the portfolio's overall...

The funding was structured to be delivered in tranches, facilitating the phased completion of the project.

The project involved the acquisition and modernisation of 16 flats, with plans to create two additional units upon securing planning permission.