HTB announces completion of £2.5m loan for land purchase and development in Surrey


A South East based property developer was seeking a £2.5m loan for the land purchase and the development of four houses in a prime Surrey location.



The scheme had to be completed in an 18 month, built and sold time frame.



A competent local developer with a well-managed team of sub-contractors delivered the project on time and on budget. This was a successful scheme that resulted in four beautifully appointed houses. One unit was handed back to the vendor as part of the purchase agreement.