Case Study

Key Facts:

• Permitted development on exiting old agricultural barn

• Current property Value: £150,000

• Loan required : £350,000

• Gross development value: £700,000

The client approached us to see if it was feasible to buy an old barn which only had permitted development rights approved by the planning authority. 

The client had sold their home and had 70% of the plot costs and needed 100% of build cost.

With a wealth of experience in barn conversions we were able to secure a self build product at 4.15% on an interest only basis , charged on a draw down basis throughout the build.