Development Funding for Two Large 4 Bedroom Homes
Funded: £100,000
Location: Edinburgh, Scotland
Property Type: Residential
Funds For: Development
Timeframe: Client Deadline
A returning client, came back to us, requesting funding for the development of two large 4 bedroom homes in Edinburgh.
The client had initially purchased the land using funds we released from the sale of a previous Lowry funded site and due to the clients extensive history of developing properties Lowry Capital were happy to release further funding to develop the property.
Lowry Capital provided £100,000 towards the development of the site and are set to release more funds as the build progresses.
Lowry Capital are always keen to build long-standing relationships with our clients.
Development Site Jan 2025
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Our Development Funding:
- Lowry Capital is a lender of development funding. We provide loans of up to £4million within a few days.
- As a principal lender, we lend our own money and make our own common-sense lending decisions.
- We provide an award-winning service and you will always deal directly with a decision maker.
- No upfront arrangement fees, no solicitors cost undertaking, we share a genuine desire to get a deal done.
- Hands off lending approach: You choose and manage the professionals and contractors for your development.
- Previous development experience not essential.
- Our streamlined and highly efficient lending process guarantees ease of funds and speedy delivery.
- We provide developers with flexible, bespoke funding, tailored to fit your schedule of works.
- Funds can be drawn down in multiple tranches and you will only pay for the money actually drawn, keeping finance costs to a minimum.
- Our funding helps with your cash-flow and allows you to keep significant funds from the sale of units.
- Development funds can typically be drawn-down within 10 days.
- No proof of income required.
