Avamore Capital completes £945k refurbishment loan for former guesthouse redevelopment

Avamore completes £945,000 refurbishment loan

The facility provides the borrower with the funding to refurbish the guesthouse and unlock its development potential. One challenge in the process emerged shortly before completion when the plannin...

Lender provides £945k for guesthouse to HMO conversion

Avamore Capital has provided a £945,000 refurbishment loan to convert a former guesthouse into a house of multiple occupancy. The lender adapted its loan structure when planning approval was delayed by a month, conducting a commercial valuation to prevent completion delays. The post Lender provides £945k for guesthouse to HMO conversion appeared first on PropertyWire.

Avamore Capital completes £945k refurbishment loan for former guesthouse redevelopment

The specialist lender said the facility will fund the refurbishment of the property, enabling the borrower to unlock its development potential.