LDS has provided a Sales Guarantee to a new site in Ramsbottom.
An unsecured interest-free cash injection of £424,656 transformed the site viability, facilitating the site purchase and enabled the £6m development of 16 new homes to progress. Additional capability for future developments was also unlocked.
Mark Hawthorn, CEO of LDS, said:
“After the volatility of 2020 it’s pleasing to see that our LDS Sales Guarantee has enabled the developer to get on site and bring forward what is a great development. If we are going to close the national housing shortfall a much increased supply must come from SME developers. We look forward to seeing this site progress and working on future sites together.”
If you have a site you are involved with or would simply like to know more, please use our Online Sales Guarantee Engine which produces proposals in just two minutes, or call us on 0333 006 7799.