Bridge-to-let loan backs £10m Surrey build
Original Article Summary
<p>A £4.1m bridge-to-let loan supports a high-value Surrey development as Aspen expands its bridge-to-let offering.</p>
PropMatch Curated Analysis
Aspen provides £4.1m bridge-to-let facility for luxury £10m Surrey development, showcasing current pricing at 0.83% monthly transitioning to 7.49% BTL rates. The deal demonstrates structured development finance with staged drawdowns and contractor formalization.
Investor Relevance
Offers current market pricing benchmarks for high-value development finance, demonstrates bridge-to-let structuring options, and shows lender requirements including contractor agreements. Useful for developers planning similar luxury projects or comparing financing options.
Original Source:
Property ReporterStay Updated
Subscribe to our weekly briefings for curated property news and insights