Mackenzie Byrne has sourced a £4.06m debt and £750,000 equity deal for a developer client that will cover 100% of project costs. The £4.06m facility will enable Mackenzie Byrne’s client, Mac Group, to build nine new flats in Gipsy Hill, South London, with a GDV of...
Development finance brokerage Mackenzie Byrne and private lender Stamford Finance have completed a £1.04m loan for three self-build plots in Sissinghurst, Kent. At 65% LTV, the facility covers Mackenzie Byrne’s client’s costs in full, facilitating acquisition of the...
Development finance brokerage Mackenzie Byrne and specialist lender LendInvest have completed a £2,628,862 exit facility to refinance a development of luxury new-build apartments in Hythe, Kent. Mackenzie Byrne’s client had sold two units in the eight-unit development...
Development finance brokerage Mackenzie Byrne and lender Fiduciam have completed a £2,614,000 loan to refinance six newbuild houses in Coulsdon, Surrey. Mackenzie Byrne’s client had come to end of their loan term with their original lender and sold two houses of their...
Development finance brokerage Mackenzie Byrne has completed on a £2.28m facility to fund six new family homes in Whitstable, Kent. The 18-month term £1.77m development loan — provided by HTB at 65% LTGDV and 5.1% over the lender’s standard variable rate — will allow...
Development finance brokerage Mackenzie Byrne has completed three development finance loans – totalling £8.85m – in three weeks. The three facilities – from Zorin, Fiduciam, and Beaumont Finance – have ensured that Mackenzie Byrne’s clients can keep building houses in...
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