Our client sought to acquire three adjacent plots for a mixed-use residential and commercial development but required consolidated short-term financing. Multi-plot acquisitions often present complications for traditional lenders, especially when timing is critical.
Million Plus Private Finance structured a single lending facility covering all three plots. We reviewed the client’s international holdings, multiple income streams, and prior investment experience, presenting a cohesive case to private banks and specialist lenders. Interest-only repayment options were included to optimise cashflow during the planning stage.
A £1.85 million multi-plot bridging loan was arranged at 68% LTV with a 10-month term. Funds were released quickly, enabling the client to secure all plots simultaneously. This flexible, bespoke solution allowed the client to begin site preparation and planning immediately, maximising project timelines and investment potential.
