Flat Conversion
After 80 years of family ownership, the current generation decided to sell their large London property.
The offers received on the property failed to allow for its full potential. The owners, who had no previous development experience, decided to re-develop the property into 7 luxury apartments.
Fox Funding provided a £2.5mln facility to pay out the existing lender and fund the development. Planning permission for the full conversion had not been received at the date of the initial drawdown.
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“Another lender failed to deliver the funds, Fox Funding stepped in at short notice and rapidly provided the funds needed. Subsequent drawdowns were handled with equal professionalism and speed. Fox Funding were really easy to deal with.”
Borrower JG
Would you like to start a project with us?
You can contact us at enquiries@fox-funding.com or use the following telephone number