Land with Residential Planning Permission

Urban regeneration in Reading

We provided a land bridge facility to enable our client to gain full planning permission for residential and commercial use on a brownfield site.

ACP Reading 08
ACP Reading 14
ACP Reading 05
ACP Reading 09

We provided a senior land bridge finance facility to a repeat client with strong experience delivering residential schemes on brownfield sites.

We helped this client with a nine month bridge to provide time for full planning consent to be granted on a residential scheme in central Reading. The site will eventually deliver 26 new homes in an area allocated by the local council for regeneration. Over 30% of the proposed units will be allocated for affordable housing.

Gross Loan

£0.6M

Term

9 Months

LTV

45%

Units Created

NA

Exit Method

Refinance

“Brownfield sites can often be less appealing to developers as they can be complicated. This site wasn’t without its challenges but we found a way through and full planning has now been granted.”

- Martin Gilsenan, Director of Origination

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