https://www.thelandsite.co.uk/files/articles/19959f11667111e990a4024b03131eda/101-5d3eb4c9e77d2262812447.jpeg 78

Client buying an option

Posted by Keystone Wealth Management Ltd on 29th July 2019 -

title

Developer in Essex has successfully gained planning on an option agreement they hold. They now have 30 days to complete the purchase. As the developer has cash tied up in other projects, we needed to take a cross charge on another site along with adding in some mezzanine funding in order to minimise the required cash input from the borrower. This required structuring the finance in place between three different lenders.

 

Photo by Juan Cruz Mountford on Unsplash


Vishen 	 Garikedu

Keystone Wealth Management is a financial advisory business which can advise on pensions, investments, protection and mortgage for both individuals and corporates. We have a particular specialism in development finance, bridging finance and commercial finance.

Link to Keystone Wealth Management Ltd business profile

15th May 2025
Understanding UK Revolving Credit: Flexible Finance for Brokers and Their Clients
Read our blog on revolving credit and how it works in practice
Read more
15th May 2025
The Building Safety Levy: Everything Developers Need to Know
The UK Government has recently published its official response to the Building Safety Levy Technical Consultation, outlining next steps 
Read more
11th April 2025
Commercial to Residential Property Conversion in the UK
Whether you’re a developer, investor, or business owner, repurposing commercial properties into residential units can be a cost-effective and lucrative venture.
Read more