Specialist lender provides £3m for Pembrokeshire homes
Original Article Summary
Pallas Capital has provided a £3 million residential development loan for the construction of 10 homes in Roch, Pembrokeshire. The 20-month facility at 65% LTGDV will fund the first phase of a build-to-sell housing scheme. The post Specialist lender provides £3m for Pembrokeshire homes appeared first on PropertyWire.
PropMatch Curated Analysis
Specialist lender Pallas Capital provided £3m development finance for 10 homes in Pembrokeshire at 65% LTV, demonstrating how alternative lenders handle complex legal challenges that conventional banks avoid.
Investor Relevance
Shows available specialist finance options for regional development projects, particularly where complex legal issues exist. Demonstrates lending terms and appetite for multi-phase developments in Wales market.
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