Case study: Aspen completes £2m bridge for Cornwall project in 11 days
Original Article Summary
<p>The deal refinanced £1,550,000 of existing debt while raising £450,000 for a future scheme.</p>
PropMatch Curated Analysis
Aspen Bridging completed a £2m development exit loan for luxury Cornwall holiday homes in 11 days at 0.74% flat rate, demonstrating fast bridging finance options for experienced developers.
Investor Relevance
Shows available bridging finance terms and speed for development exits, particularly relevant for holiday let developers. Demonstrates lender appetite for coastal luxury developments and refinancing options to release capital for next projects.
Original Source:
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