GAYNES PARK, EPPING, ESSEX
Development Exit Finance
Finance For Property Developers
Madison Carter Finance refinanced away from first charge facility to RBS, which is is difficult, especially whilst the project was live. Later a development exit finance product was sourced to releasing equity to help finish the project.
The new houses constitute an enabling package in order to finance the redevelopment of the listed mansion house which, when the developer purchased the site, was on English Heritage’s at-risk register.
Gaynes Park is a new luxury development of five new build modern houses along with seven apartments in the Grade II* listed Gaynes Park Mansion, positioned behind a gated development of 22 acres located in the green belt near to the town of Epping in Essex.
This exquisite design was masterminded by architech BB Partnership.
Bridging Loan For Property Development
Property Development
Once the project was completed the property developer required further funding whilst two of the houses were transacting to completion. Madison Carter Finance arranged a bridging loan to fill in the gap.
This was a complex finance deal over time and the scheme is nothing short of breath taking from a development point of view.
A further signal of exquisite work, the design and quality build was one of the developers actually ending up moving into one of the homes.
See How Madison Carter Finance Can Add Real Value To Your Development
See How We Can Add Real Value To Your Development
- Development Loans – unlock more value and see real results.
- Bridging Loan – one point of contact throughout the process.
- Development Exit Finance – a great way to optimise your position and potentially save money.