£3M lent to get a country estate development over the line

Century have just completed on a £3,000,000 2nd charge development loan on a large country estate with a GDV of c.£16M. This loan, to an established client of Century’s, will allow him to unlock the full value in what will be one of the best estates of its kind in the UK. We completed the transaction in seven days from the initial conversation, thanks to a quick initial lending decision, fast tracked DD process, and a strong team of experienced lawyers. It’s a great example of how speed and flexible lending criteria can be of tremendous value to our borrowers.