St Andrews, Scotland

Location:
St Andrews, Scotland
Scheme:
10 maisonettes and 4 flats
Amount:
£4,485,000

We provided a facility to support the build of 14 units located in the centre of St Andrews, with the location being a key factor in the strong international sales it achieved. Given the location planning is extremely difficult to obtain, with this development winning a number of awards for its design. Our borrower appointed a main contractor to carry out the works on what was a relatively tight site, with access limited although the development progressed well and on budget. The developer also secured strong off plan sales, with end sales achieved in excess of our security value.

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