Case Study: Tetbury

Equity

Our client secured a site with outline planning permission for six houses. The scheme was located in the picturesque village of Tetbury with views over open fields. Our client was able to secure the site and enhance planning to obtain seven units on the site.

Funding Requirement – Funding was sought on a 100% basis as the borrower had a number of other scheme underway

Facility Provided – Joint venture funding on a 100% basis was provided by a private finance company specialising in residential development.  Profit share 50:50 basis between client and funder with no priority return