Our client an experienced Scottish developer, came to us requesting funding to construct a modern 4-bed detached home in the rural Scottish Highlands.
The client owned 2 plots of land overlooking the beautiful Nigg Bay, one with glamping pods on, and the other he had obtained planning to develop.
The client planned to live in the Glamping pods for the duration of the build, allowing them to manage the project closely and keep costs down throughout construction.
Having already self-funded the early stages, the client required fast, flexible funding to complete the build and infrastructure works.
Lowry Capital provided £186,750 in funding in order to finish the build to the highest standard.
The result is a stunning, high-spec 4-bed home, now listed on the market for £495,000 and the our client is expected to make a healthy profit.
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.
