The loan allowed the experienced developer extra time to market and sell their properties.
Introduced by Clifton Private Finance, the facility is secured against six new-build houses in North London for a term of one year.
Katie Spitz, senior underwriter at Funding 365, commented: “The experience of working with Fergus and the Clifton Private Finance team was excellent, once again.
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“They’re always available to smooth the path for their clients and their communication is first class.”
Fergus Allen, head of bridging at Clifton Private Finance, added: “Working with Katie and the team at Funding 365 is always a pleasure and this loan was a great example of the flexibility and exceptional service they offer.
“The client and I were delighted with their can-do attitude, quick responses and overall enthusiasm to lend.
“We’ve had a lot of success with Funding 365 this year and look forward to building on that relationship into 2025.”
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