Conversion of a Derelict 17th Century Listed Building

Conversion of a Derelict 17th Century Listed Building
Funded: £195,000
Location: Fife, Scotland
Property Type: Residential
Funds For: Development
Timeframe: Client Deadline

A qualified Quantity Surveyor, with little development experience, approached Lowry Capital regarding funding for the development of an historic 17th century listed building.

Speed was of the essence and in order to enable the completion of the project, the client required 100% of the funding to be provided through our multi-tranche approach. Lowry Capital’s funding is speedy, streamlined and easy to draw further funds as and when needed.

Lowry Capital provided a facility of £195,500 which covered 100% of development costs in line with the client’s schedule of works.

The project has now been successfully completed and is a stunning example of a contemporary conversion of a unique, 17th century listed building.


Before


After


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.