Commercial to Residential Conversion Loan £480,000

The Requirement: We had been requested to assist in the purchase of a commercial building in which our client through an option had gained planning for conversion to 7 flats (one studio and 6 x 1-bedroom flats). The purchase price £300k, build costs £250k and GDV £780k. The Good Stuff: Funding provided for 70% of … Continue reading Commercial to Residential Conversion Loan £480,000