Development exit loan completed in 11 days for Hale mansion
Original Article Summary
A £1.1 million development exit loan has been completed in 11 days for a six-bedroom mansion project in Hale, Greater Manchester. The property spans 6,889 sq ft with an estimated gross development value of £4.5 million. The post Development exit loan completed in 11 days for Hale mansion appeared first on PropertyWire.
PropMatch Curated Analysis
Aspen Bridging completed a £1.1m development exit loan in 11 days for a luxury Hale mansion project, demonstrating fast-track financing options for experienced developers in the premium residential market.
Investor Relevance
Shows current availability of rapid development finance for premium projects, provides benchmark pricing (40% LTV, 0.35% rate), and demonstrates lender flexibility on projects with planning complications - relevant for developers seeking exit finance and investors assessing market financing conditions.
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