🏑✨ Developer Exit Loan Completed for Repeat Borrower! 🏑✨ Roma Finance have eased the pressure for a borrower who had a sale fall through near the end of a new housing development πŸŽ‰ A loan extension was was not really appropriate or long enough time so we provided a developer exit product instead πŸ’ͺ πŸ“‹ Loan Amount: Β£480,100 Duration: 12 months Purpose: Repay a ground up development loan This loan will allow our borrower to finish the properties to a higher specification for the open market 🏠✨ The term provides them the flexibility to sell these properties at a higher price, expected to fetch Β£675,000+! πŸ’°πŸ“ˆ What makes this even better? The interest is retained, so no payments need to be made during the loan period, easing cash flow pressures and allowing our client to focus on the final touches. πŸ› οΈπŸ’‘ At Roma Finance, we’re committed to supporting our borrowers through every stage of their property journey. If you need a flexible and reliable financing partner, let’s connect! πŸš€ #propertydevelopment #developerexitloan #teamwork #roma15 #newbuild #cashflow #lovetolend #relationships #providingsolutions #flexiblelending

Posted by williamsonpropertyrentals at 2024-07-19 09:57:36 UTC