Case study: Aspen delivers £6.3m dual facility in five days

Original Article Summary

<p>Three apartments in the Bath scheme have already been sold off-plan ahead of completion.</p>

PropMatch Curated Analysis

Aspen Bridging completed a £6.3m dual facility in five days, providing both refurbishment bridge financing (0.83% flat rate) for a Bath church conversion and buy-to-let financing (6.99% pay rate) for Cheltenham apartments, demonstrating flexible funding solutions for different project types.

Investor Relevance

Shows available financing structures for development projects, with specific interest rates and terms that can inform funding strategies. Demonstrates speed of execution possible and flexibility in exit strategies (sale vs rental).

Original Source:

Property Reporter
Initially published on .

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