daizun investments

Daizun completes its largest loan to date

Daizun Investments has completed a £2.76m loan for H B Holdings to fund the construction of a sustainable residential scheme near Highcliffe Beach in Dover — its largest loan to date.

The 70% LTGDV facility — agreed at 1% per month over an initial 12-month term — will help the client deliver nine one-, two- and three-bedroom apartments with electric car charging points.

The new residential scheme — designed in partnership with Aspire Architects — will replace a former B&B guesthouse on the site.

The client intends to exit the loan through the sale of the development.

James Edwards, director at Daizun Investments, said: “We are excited to work with H B Holdings and Aspire Architects once again.

“Their unique developments fit perfectly with the local area and successfully marry modern design with the more traditional style of the surroundings.”

Matt Stevens, director at H B Holdings, commented: “Daizun Investments has once again been an ease to deal with and offered flexibility on the terms of the loan when there were some specific nuances of the property.”

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