Inspired Lending has provided a £935k “finish and exit” facility secured against a new build home in Buckinghamshire, supporting the final stages of construction ahead of a planned sale.

The loan was structured as a second charge behind an existing first mortgage, allowing the borrower to retain their primary loan terms while accessing additional capital in a cost-efficient manner. The facility represents 60% of the gross development value and was designed to align with the contractor’s timeline, with staged drawdowns following an initial advance of 70% of the current value on day one.

The approach enabled the borrower to fund the final works without refinancing the first charge, while controlling the cost of capital through incremental releases.

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