Case Study Overview
This was a strategic land acquisition for our borrower who sought funding to buy land where a change of planning use was required in order to develop it further.
Obtaining funding for an acquisition of land where there is a planning risk requires a specialist lender who understands the strategy and vision of the borrower. HotelFinance was able to secure this loan from just such a lender who was also able to work within the tight timescales the bidding process demanded.
What our client says
“It’s always a pleasure to work with Sarah at Hotel Finance. This acquisition loan was completed in a time of significant uncertainty in the market, and it is essential borrowers are correctly advised to limit execution risk.”