CASE STUDY

Funding for 4-Bedroom Detached Property in Hastings – £680,000 Loan

Hastings property developing 4-bed detached houses

Number of Properties

Loan Required

£680,000

Final GDV Value

£1,500,000

Loan Term

12 Months

A local developer and a long-term customer approached us with a project to build three, 4-bedroom detached houses in the seaside town of Hastings, Sussex.

This would be the 6^th project we have worked on with this particular developer.

A total loan of £680,000 was agreed to fund the build costs of the three detached properties.

Once the development was finished, the real-estate developer refinanced the development loan to retain the properties for his buy to let portfolio.

The final GDV of the development was £1,500,000.

Front view of Farriers Paddock property development - Ashley Green Bucks

2x Semi-Detached 3-bed units in Ashley Green, Buckinghamshire – £1,000,000 Loan

Back Garden at new build property in Heathfield East Sussex

Detached, 3-Bed New Build House in Heathfield, East Sussex – £305,000 Development Loan

Detached 4-bed new build Barn in Daventry, Northamptonshire-£1,240,000 Loan

View all Case Studies

A bespoke service and solution to your loan needs.

Read our growing set of guides around everything in property development finance including bridging loans, equity finance and property development loans. We do the research so you don't have to - learn everything you need to know here and get in touch for a quick decision in principle.

Call us Apply in Principle

What Our Property Developers Have To Say

Want to find out more about what our clients have to say about us?

"We don't believe there's a faster lending and decision-making process than Hunters. Drawdowns are paid on the same day as the site visit."

Antony Payne,

77 Developments Ltd

“Securing a competitive facility with Hunter Finance was a refreshingly straightforward and easy arrangement and would not hesitate in recommending them to other developers.”

Rob Burnham

Greenplan Homes Ltd

“Highly impressed by their honest approach to doing business, and following through on their promises.”

Thomas Elliot

Herongate Homes Ltd

“We have found securing a competitive facility with Hunter Finance a refreshingly straightforward and easy arrangement and would not hesitate in recommending them to other London developers.”

Rob Burnham

Director, Greenplan Designer Homes

“I have used Hunter Finance on a number of occasions. They have always provided a no-nonsense, hassle-free, first-class service.”

Tim Oliver

Connected Developments Ltd

“My experience of working with Hunters has been very successful. Their approach is very professional and flexible. They are not like a high street bank, (thank goodness) but individuals who accept that we are the customer. Old fashion values.”

Keith Parker,

Millhomes Ltd

The best development finance around, very understanding and helpful.”

Paul Reeve