Case study: Aspen completes £1.8m bridge for Coulsdon development
Original Article Summary
<p>Aspen structured the deal with a 0.83% monthly rate over nine months, transitioning to 6.74% annually for two years.</p>
PropMatch Curated Analysis
Developer secures £1.8m bridge-to-let facility at 80% LTV for Surrey newbuild scheme, enabling flexible exit strategy of selling half the units while retaining others for rental portfolio.
Investor Relevance
Shows realistic financing costs and structures for small-scale developments, demonstrates flexible exit strategies combining sales and BTL retention, and provides benchmarking data for similar projects
Original Source:
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