Daizun Investments provides £1.8m loan for Bournemouth development



Daizun Investments has completed a £1.8m development loan for H B Holdings to fund the construction of a residential scheme in north Bournemouth.


The 73% LTGDV loan, agreed at 1% per month over an initial 12-month term — with the possibility to extend it to 30 months at the same rate if required — will fund the land purchase and entire build cost of two chalet homes and one detached bungalow.

The family homes, designed in partnership with Aspire Architects, will be built to a high level of sustainability and will feature large gardens.

James Edwards, director at Daizun Investments, said: “It has been great to work with H B Holdings and Aspire Architects again on this wonderful project to increase the site from a single dwelling to three well-proportioned detached units, each with garden space, to benefit families in the Bournemouth area.”

Matt Stevens, director at H B Holdings, commented: “Daizun Investments is fantastic to work with from a developer and architects’ point of view, as it has a real understanding of how to structure things to ensure projects run smoothly and efficiently.

“It is a great firm to work with, making the financing of projects feel easy and straightforward."

 



Leave a comment