Octopus refinances ‘largest ever’ development scheme for £28.4m – Mortgage Solutions

The scheme, approved in January, has a Gross Development Value of over 35 million, with individual units priced from c. 295,000. Construction has commenced on the seven storey building, which will be U-shaped in design and incorporate a landscaped central courtyard.

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The first initiative in December – known as the ‘LTRO’ or Long-Term Refinancing Operation – was aimed at unfreezing. of Greece’s rating to ‘selective default’, or the more positive development of.

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As property prices seemed on an ever upward. One lender, BM Solutions, is withdrawing loans for landlords whose rent covers the total sum of their repayments. Others are demanding rental of up to.

Finance available: Buy to let mortgages. commercial mortgages. property development finance. Short-term to medium term finance. Access: Octopus Property is a division of Octopus Investments – an intermediary only lender, meaning rates can only be accessed via Mortgages for Business and a few other brokers.

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Following a record month, Octopus Real Estate, part of Octopus Group, has launched an unregulated bridging product, increasing the maximum loan-to-value to 75%. With a minimum loan size of 100,000 and maximum of 500,000 the rate is 0.6%. It follows a record month of lending which saw Octopus.

199 Hope St UNIT 1, Providence, RI 02906 | Zillow 139 Comments on December 23, 2016: Link Exchange & discussion (merry christmas!) ohd does not represent homes on this site. Contact the agent listed for details including current price and status.