Case Study
£690,000 LOAN, ICF CONSTRUCTION, CLIENT MANAGED
Key Facts:
Planning agreed for large contemporary home to built from timber , with no BOPAS or BBA accredited timber frame
Site value £800,000
Loan required : £690,000
Gross development value: £1,100,000
The client approached us after secure planning. They had been through another broker and who told they couldn’t fund the type of construction they wanted to use, that being insulated concrete form ( ICF )
Solution
The broker who the client used was the person they spoke to when doing traditional mortgages in the past. Self build and construction finance is specialist, what seemed complex and took a lot of time with a previous broker we were able to offer indictive terms on the day.