Development Funding For a Unique Waterfront Property On Loch Lomond
Our client approached us requesting funding to complete the construction of a unique waterfront detached house in Balloch, Scotland.
The unique property in the picturesque town Balloch, overlooks the River Leven as it opens up onto the stunning Loch Lomond.
The client already owned the property and had previously been self funding the build & was now looking for development funding in order to keep momentum & finish the build the highest standard.
Lowry Capital provided £280,000 in funding across 2 tranches for the development of the site, releasing funds in line with the clients build schedule.
As with all of our funding solutions, no quantity surveyor was required, reducing costs and removing unnecessary administrative work, allowing the developer to focus on delivering the scheme quickly & efficiently.
(Development finance made easy, its what we do)
The funds were released quickly, enabling the client to maintain momentum on-site and progress without delays.
The finished property is a unique modern home with breathtaking views in one of Scotland’s most desirable locations.
Development Site
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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.
