Aspen delivers £1.23m Sunderland facility in under a month
Original Article Summary
Aspen Bridging has completed a £1,225,000 facility for a Sunderland property development consisting of eight four-bedroom townhouses. The transaction combined No Valuation and Bridge-to-Let products to complete within a month. The post Aspen delivers £1.23m Sunderland facility in under a month appeared first on PropertyWire.
PropMatch Curated Analysis
Aspen Bridging completed a £1.23m facility for a Sunderland development of eight townhouses within a month, combining bridging and BTL products to help an experienced developer refinance, complete works, and release capital.
Investor Relevance
Shows how Bridge-to-Let products can provide flexible financing for developments, particularly relevant for SME developers needing to refinance existing debt while completing projects. Demonstrates viable financing options in regional markets with lower development values than southern regions.
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