£3m residential development loan backs Roch housing scheme
Original Article Summary
<p>A £3m residential development loan from Pallas Capital will fund the first phase of a housing scheme in Pembrokeshire.</p>
PropMatch Curated Analysis
Pallas Capital provided £3m development finance at 65% LTGDV for a 10-home build-to-sell project in Wales, demonstrating specialist lender appetite for complex sites with title issues.
Investor Relevance
Shows availability of development finance for complex projects and provides LTGDV benchmarks. Demonstrates that specialist lenders can navigate legal/title complications that traditional funders avoid, expanding funding options for developers with challenging sites.
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