GDV
£9.4m
Units
68
Deal Duration
21 months
Build Type
third party contractor
Eastleigh, Hampshire
Maslow Capital proudly supported this conversion of commercial buildings into a new residential block. This was the largest development taken on by the borrower at the time, working with a contractor who had completed multiple schemes of this size. It is planned that the developments will be registered with the government’s Help-to-buy scheme, providing affordable housing for first-time buyers.
“An additional 6 month period was included in the deal to allow the borrower time to address and organise the transfer of two commercial tenants”