Case study: Aspen supports developer with £1.48m bridge for planning changes
Original Article Summary
<p>The final projected GDV of the property is £2.8m after remodelling and additional works.</p>
PropMatch Curated Analysis
Developer secured £1.48m bridge finance from Aspen at 0.78% flat rate to fund planning changes mid-build, increasing projected GDV from initial investment to £2.8m on luxury Staffordshire property.
Investor Relevance
Demonstrates viable bridge finance terms and structure for development projects requiring planning amendments, providing benchmarking data for financing costs and showing how mid-project changes can enhance final returns
Original Source:
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