Case Study

Barn conversion - Grade 2 listed barn timber frame, trame clad

Key Facts:

• Planning agreed for a conversion of grade 2 listed timber barn

• Site value £650,00

• Loan required : £813,000

• Gross development value: £1,300,000

• The client was recommended to speak us from an online self build  forum.

• 8 acres of land on the title

Problems:

Client had struggles to secure funding due to the nature of construction being grade 2 listed with a structural report that was damming and a plot that was larger then 5 acres.

Solution:

Nearly a fifth of our business is helping people convert barns, as such we used our knowledge and relationship with a specialist conversion mortgage provider to secure lending.

We raised 100% of the clients build cost along with additional funds to repay friends. The client had no cash deposit.