Pluto Finance has completed its third loan with Elevate Property Group, providing development finance for 85 new residential units in the up-and-coming Gun Quarter district of Birmingham.
Steeped in character and heritage, the Gun Quarter is described as the City’s most attractive area for residential development and is just 11-minutes’ walk from the City Centre.
Greg Dunne, Pluto Finance’s Lending Director, says: “We are delighted to be backing this exciting project and working again with the highly regarded Elevate team as we expand our lending beyond the southeast.”
“This loan follows Pluto’s previous funding for Elevate’s £55m 219-unit scheme in Ashford, Kent, and highlights the focus Pluto puts on repeat business with our clients, recognising the excellent customer service, pricing and flexibility that we offer.”
Steve Dodd, founder of Elevate Property Group comments “We are delighted to have recently completed another Loan with Pluto Finance. It is a relationship that is continuing to grow, and we look forward to working with them on more schemes in the future.”