Developers from Surrey contacted Hunter Finance regarding a site that they owned in Cranleigh, Surrey. The site consisted of an existing listed building for which they had successfully achieved planning permission to develop a 3/4 bedroom detached property in the garden plot.
The Surrey-based developers approached us at Hunter Finance, looking for a property development loan of £420,000 to cover 100% of the build costs for the project. As the development met our lending criteria superbly, we were quick to issue an offer in principle to meet our client’s finance needs. Our surveyor visited the site shortly after terms were agreed.
Now on the property market, we have no doubts that the stylish 3 bedroom detached house will attract a large amount of interest and it won’t be long until it is sold.
If you would like to enquire about a property loan for your project in Surrey please call 01825 749721.
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