Northampton Residential Development Funded For First Time Developers

Northampton property developers assisted by Castehill Capital on their first project.

Northampton is a town of over 200,000 and has become a regular location for Castlehill site visits these last few months.

We were delighted to fund the conversion of a former pub into a a residential flatted development. The first time developers were experienced B2L landlords but this was their first step into property development.

The project was not without it’s problems as the initial planning consent application was held up a number of months.  The team never lost hope and were delighted to be granted the planning consent a few weeks ago.

Previously we had completed the valuation, the monitoring surveyor report and much of the legal work.  The reports were refreshed and we proceeded to completion.

Hopefully this won’t be our last project in this lovely town.