Location: Darlington, Yorkshire

Sector: Residential

Loan Type: Development

Loan Size: £7.50mn

Loan Status: 24-month term (Live)

Property Information: 39 residential houses over two phases

 

“Lenders rarely like to provide loans on part built and stalled construction projects. Broadwood’s depth of experience of insolvency, residential development and construction was critical to unlocking these schemes. They took a partnership approach, working with us to resolve problems and provide a tailored funding solution, which will allow us to deliver these housing projects, contributing to the much-needed housing demand in the north-east of England.”

— Gavin Fraser, Managing Director of Hadrian Real Estate PLC

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