LEADING THE FIELD
“Having known the guys at Imperial Blue for some time now it was great to get this one across the line.
The guys were pro-active and flexible and got a tricky deal completed.
I would always recommend IBF and we are working on further opportunities.”
Mark W, real estate finance guru
(Introducer to Imperial Blue)
INTELLIGENT PROPERTY FINANCE
In July 2023, Imperial Blue, a prominent development finance lender, extended a senior development loan of £2.4 million to support the construction of 9 residential units in Surrey. This financial assistance comes with an 18-month term, aiming for practical completion within the first 12 months. It’s worth noting that the site had already been acquired, with groundworks already underway.
The primary purpose of this loan was to partially repay an existing financial arrangement and subsequently cover 100% of the remaining construction expenses. The property in question enjoys an ideal location within a well-frequented town, offering convenient commuting access to central London and vital transport hubs like the M25 and Gatwick Airport. This makes it an attractive option for commuters working in the capital seeking housing solutions. For your property development finance needs and similar requirements, trust Imperial Blue to provide tailored financing solutions.
Loan Amount
Loan to Cost
Loan to GDV
+ BBR (fixed, as of May 2023)
The property benefits from planning permission for a detached block containing nine flats, thoughtfully organised across five floors, complete with on-site parking. The Property formerly comprised a pair of semi detached houses which had already been demolished by the time of our loan.
The Borrower had already successfully acquired the site and, by the time of IB’s loan, had successfully navigated through all necessary administrative details, ensuring a smooth and well-prepared path for development.
IMPERIAL BLUE
Funding the finest of England's real estate developers with market leading products for market leading projects
