£150,000

65% LTV

0.89% PM

18 MONTHS

The brief

Our solution

Underwriter quote

We worked closely with all parties involved to deliver a residential bridging loan in time for the purchase deadline and allow 18 months to obtain planning and complete the extension.

The borrower required a bridging loan to purchase a 4 bed house in Kilkeel and provide them with sufficient time to apply for planning permission and extend the property using their own funds.

"This was a very rewarding case. Having worked closely with valuers, solicitors and the introducing broker, we were able to design a facility which would give more than enough time in case of problems with planning permission."

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PURCHASE & REFURB: HOUSE IN KILKEEL