Funding a £14m - early look for the community
We’re about to send this case study out to our wider network, but I wanted to share it here first. A developer approached us seeking funding terms for a 5-house residential scheme with a £14m GDV. The least aggressive terms required £1.23m equity and provided around 55% leverage. After reviewing the deal and speaking with lenders, we were able to restructure the facility to: • £9.64m loan • £225k equity required • 70% leverage So the developer will potentially be able to move forward with over £1m less equity into the deal. I’ve attached the funding comparison so you can see some options from the market side-by-side. If you're working on a scheme and want a second opinion on the funding structure, feel free to share it in the group or drop me a message. Always happy to take a look.