Magnet Capital help bring to market another 2 New Build Houses for Worcester Park, Surrey. Funding this development from the site acquisition through to the completion of construction was a pleasure thanks to the skilled Surrey based developers we worked with.
This £575,000 loan was utilised by the borrowers for the total cost of construction and as contribution towards the initial site acquisition price. Magnet Capital are delighted to have developed what is proving to be a strong and ongoing relationship with this development company and are looking forward to discussing their next project!
The client commented: “This was our first development as a company so we were delighted to find Magnet Capital. The whole experience from the first meeting to getting the loan approved was made easy by Sam, Ashley and Debra’s approach. Towards the end of the project, we needed some additional funds due to a delay in a VAT refund and this was agreed over a quick 5 minute call with Sam. We will definitely use Magnet Capital on our next project.”