Funding to Convert an Historic Listed Building into Eight Luxury Apartments

Funded: £1,053,050
Location: Argyll & Bute, Scotland
Property Type: Listed Building
Funds For: Development
Timeframe: 4 Stages

Our client is an experienced property developer whose latest project was the conversion of a stunning, historic, listed building into eight luxury apartments in Helensburgh.

The client had self- funded the project to around 40% completion. However, the client had sold 5 of the apartments off-plan and was therefore keen to complete the build as soon as possible to complete the sales and realise a strong return.

Therefore, in order to speed up the completion of the project, the client required fast funding. Lowry Capital’s funding is speedy, streamlined and easy to draw further funds when needed.

Lowry Capital provided funding of £1,053,050 in four drawdowns with further tranches provided in line with the client’s schedule of works.

Lowry Capital does not require a Quantity Surveyor for any of our facilities, allowing developers to focus on doing what they do best, rather than being wrapped up in long and costly admin. 

We are once again proud to support developers in delivering stunning renovations and conversions of historic buildings across the UK. 

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