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Cottage Refurbishment and New Build Development in the Cotswolds
Magnet Capital assisted with the refurbishment of an existing cottage and the construction of a new four-bedroom detached house in the Cotswolds, Oxfordshire.
The refurbishment required the developers to carefully preserve many of the property's original features. The funding package also included a bridging loan to clear existing site debt and support the completion of a third unit on the development.
The scheme required a fully tailored funding solution, helping the borrowers complete the project successfully and bring the properties to market within the required timeframe.
"Magnet Capital were recommended to us as a company that could help fund our development. On meeting the team at their headquarters, my brother and I were struck by their friendliness, openness, and genuine interest in the project we were undertaking, which involved two house renovations and a new build.Once the loan was agreed, Sam, Ashley and Debra continued to liaise closely with us and were enthusiastic about seeing the project move forward. Importantly, they were receptive and flexible when needed, ensuring that funding reflected the changing needs of the development.The team was always available to discuss any issues that arose, and their response was consistently positive."
Mr Ducker
"We were introduced to Magnet as an ideal funding partner for our first solo development project and have been delighted with the experience. They take a genuine interest in the project, demonstrate flexibility, and understand the challenges that can arise throughout the development process."
