REFINANCE OF 4 HOLIDAY LETS

CASE STUDY

£830,000

8.04% PA

60% LTV

36 MONTHS

The brief

Our solution

Underwriter quote

We delivered a bespoke facility with 4 months of interest retained to enable time to finish the refurbishment and stabilise their income.

The client required a bespoke 3 year loan to refinance their current facility secured over 4 apartments on the coast of Portrush, Northern Ireland. Once planning is in place, the borrower wishes to finish cosmetic works to each property ready for summer.

"It is always a pleasure crafting a bespoke facility to meet the clients needs. We have funded numerous projects with this borrower and their introducing broker and look forward to many more."

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