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Property Development - Essex

Updated: 14th February 2007 (PM)

For:Property Development
Location:Essex
Amount:£500k

Our Client was retired, however, he wanted to start a property development in Essex. He did not have a bad credit history, but needed a much higher Loan To Value than a 'High Street Bank' would give.

Sterling found him a deal with a very small cash input at base plus 3% with the interest rolled up until sales started to come in.