Case study: Precise completes £2m developer exit finance for luxury new development in the Wirral
Original Article Summary
<p>The deal involved six properties: four detached and two semi-detached.</p>
PropMatch Curated Analysis
Precise Mortgages provided £2m developer exit bridging finance for a Wirral luxury housing development, allowing the developer to repay existing facilities and secure additional time for sales completion on properties valued at £3.9m.
Investor Relevance
Shows SME developers how bridging finance can provide crucial cash flow management between project completion and sales, avoiding forced sales and potential losses. Demonstrates available exit finance options when primary development lenders don't offer such products.
Original Source:
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