Key information:
- Sector: Residential development
- Location: Somerset, UK
- Loan amount: £16 million across three phases
This project is developing 95 houses in Highbridge, Somerset. The client is an experienced developer and the scheme is underpinned by affordability and attractive local supply/demand dynamics.
The houses will be mass-market, affordable housing targeted at owner-occupiers at around £250K-£300K.