Funding to Build 8 Holiday Homes in an Area of Outstanding Beauty
Our client owned a 4.6 acre plot of land on the rugged west coast of Scotland, and wanted to build 8 luxury holiday lodges.
They had secured planning permission from the highlands council to build eight timber holiday lodges, but they needed funding to make this dream a reality.
Our client was keen to keep funding costs to a minimum, and therefore only draw the funding needed in line with the schedule of works.
Lowry Capital provided £705,000 in funding for the infrastructure of the site and development of all eight lodges.
By using our flexible development funding our clients were to quickly borrow more funds as the build progressed and were only charged for actual funds drawn.
The final product is 8 stunning holiday homes, with breathtaking views of Scotlands West Coast.
The lodges themselves are booked for months and our client is making a healthy income.
Lowry Capital is happy to lend in rural and remote places throughout the whole of the UK.
Site Development - Construction Phase
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Site Development - Completion Phase
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