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The brief

Our solution

Underwriter quote

We provided a 12 month bridging loan at our headline rate of 0.89% pm at 65% LTV to enable time for the borrower to tenant the units and apply for long term funding.

The client was in need of a bridging loan to purchase three tenanted flats in Derry/Londonderry and get tenancies in place to exit onto a BTL. 

"The borrower was extremely communicative throughout the underwriting process, which really suits our bespoke way of working. It made for a really swift completion and allowed us to execute the loan without delay." 

£140,000

65% LTV

0.89%  PM

12 MONTHS

3 flats in Northern Ireland

PURCHASE: 3 FLATS IN DERRY/LONDONDERRY

CASE STUDY

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