Assetz Capital agrees barn conversion deal in Bedfordshire

Assetz Capital has provided construction and property development firm Healdan with a £3.15m development exit deal, for the financing of a Bedfordshire barn conversion project.

The one-year term 65% LTGDV facility is for the completion of the scheme and subsequent sale of the six converted homes in Millbrook.

Andrew Fraser, CCO of Assetz Capital (pictured above), said: "We are delighted to support Healdan and provide funding for the barn conversion project in Millbrook."

"This collaboration highlights our commitment to supporting experienced SME… and enabling them to transform unique properties into desirable residences.

“We look forward to witnessing the successful completion of this project and the construction of homes for future residents."

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