The Client
Our client was looking to undertake a ground-up coach house development, requiring finance for both the land purchase and construction costs. They needed a lender that could provide a competitive development finance solution with a straightforward drawdown process to keep the project moving efficiently.
The Challenge
The project involved purchasing the development site and securing funding for the full build programme. The client wanted a lender offering competitive rates, timely drawdowns, and ongoing support throughout each stage of construction.
Our Approach
GW Financial sourced a tailored development finance facility that enabled the client to purchase the site and fund the construction works. We managed the application from start to finish, liaising with the lender throughout the valuation, site inspection, and drawdown process to ensure funding was available at each key stage of the build.
The Outcome
The client successfully secured funding for the purchase and development of the site, allowing construction to progress smoothly through each phase. With competitive rates and efficient drawdowns, the project remained on track from acquisition through to completion.
Key Results
- Development finance arranged for a ground-up project
- Site purchase of £250,000
- £200,000 development costs funded
- £750,000 Gross Development Value (GDV)
- Ongoing support through valuations, site visits and staged drawdowns
Client Feedback
“Brilliant service from start to finish. Very easy to liaise with from the initial appointment all the way through to the first and last drawdown stages, along with site visits and competitive rates. Will definitely be using GW Financial again!”