LTV: 67% | LTGDV: 70%
Maslow Capital provided a facility to refinance existing debt and fund 100% of the build costs for the conversion of a residential property in the South of England into a House in Multiple Occupation under approved planning consent.
The property is located in an area supportive of the proposed use and benefits from strong transport links. The local market shows sustained demand for good-quality HMO accommodation, supported by an ongoing supply-demand imbalance.
The project is being delivered through an established turnkey structure, with an experienced development partner managing sourcing, planning, construction and lettings on the borrower’s behalf. The exit strategy is a refinance onto a term facility upon stabilisation.
*The image presented in this case study is an artist’s impression created by Maslow Capital, informed by the property’s project specifications. It is provided for illustrative purposes only and should not be regarded as an exact representation of the property or its final appearance.