Refinance of 7 Luxury Holiday Lets to Release Capital For Other Developments

Our client an experienced developer, who we have worked with previously, came to us requesting funding to refinance an existing charge & release capital for other developments.

They owned a number of high-end holiday lets on the island of Anglesey. The properties formed part of a charming courtyard development on a former estate.

Our client wanted to use these properties as security and as the holiday lets had recently been put up on the market, the client had a clear exit.

Lowry Capital provided £1,190,000 in funding to repay an existing charge and release working capital, allowing the developer greater flexibility and to keep momentum on their other developments.

This project is another strong example of how Lowry Capital’s straightforward funding solutions can help clients unlock funds that are tied up in other loans, stay flexible with staged drawdowns, and keep their developments moving. 

Our funding gives developers the freedom to focus on what they do best: delivering high-quality schemes with confidence anywhere in the UK.