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Manchester New Build HMO Development
Arranged development finance for a purpose-built 8-bedroom HMO development in Manchester.
Key Metrics
£525,000
Loan Amount
5.8%
Interest Rate
3 weeks
Time to Complete
8
Bedrooms
70%
LTV
Manchester
Location
£525,000
Loan Amount
5.8%
Interest Rate
3 weeks
Time to Complete
8
Bedrooms
70%
LTV
Manchester
Location
The Challenge
New build HMO projects require specialist lenders who understand the development risks and market demand for purpose-built HMO accommodation.
Our Solution
We secured development finance with a lender experienced in HMO new builds. The package included land purchase, construction costs, and pre-let marketing support.
Testimonial
"The development finance team understood our vision for purpose-built HMO accommodation. The pre-let support helped us achieve full occupancy before completion."
JC
Jennifer Clarke
HMO Developer