Funding for the Development of 5 Large Detached Houses

Funded: £1,428,000

Location: Fife, Scotland

Property Type: Residential

Funds For: Development

Timeframe: Client Deadline

Our client, an experienced property developer and entrepreneur, approached Lowry Capital to facilitate the funding of their latest project in Fife, Scotland.

With planning permission already in place and by utilising our multi-tranche facility the client was able to move swiftly throughout the build and complete each property. Currently, four out of the five houses are complete, all of which are for sale. Demand is expected to be strong and will result in a highly lucrative development project.

Development Site: 2023

Development Site Progress: 2024

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.

You can learn more about our Development Funding Here.