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Amor Homes Ltd

CBILS Development Finance

Amor Homes Ltd were in the process of developing four luxurious homes in a semi-rural setting in South Cheshire until the Coronavirus pandemic significantly slowed down their progress. Owner Dave Bracegirlde needed to secure a development loan through the CBILS scheme to continue with the build. 

£362k

Amount Lent

11 Months

Loan Term

63%

LTV

Although the building schedule has been disrupted, social distancing measures were implemented on site to ensure work could continue on the properties and the boost to cashflow has ensured that the project has carried on, even during the lockdowns.  With completion set for March 2021, the scheme will provide high-quality family homes in a rural setting, but with excellent transport links to the M6 and M56.

‘Our Relationship Director at Assetz Capital, Jason Roper, has always been very honest and very transparent. The in-house team at Assetz has been very helpful too; our Relationship Support Manager Fran Brayford has been very pro-active. The CBILS scheme from the government is fantastic, it’s been incredibly useful for us and we’re delighted to have been able to continue our building work through it.”

- Dave Bracegirdle, Owner