The brief

Our solution

Underwriter quote

The lack of planning permission required us to take a holistic view of the project. By scoping out similar conversion projects on the same road and confirming the property's strength as a commercial asset, we were able to deliver a competitive 12 month solution. 

The client was in need of a bridging loan to purchase a vacant office in London while planning permission was secured to convert it into a residential dwelling. 

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

£143,000

65% LTV

0.72%  PER MONTH

Commercial case study CASE STUDY

PURCHASE: VACANT OFFICE UNIT

Funding 365 Limited is registered in England & Wales / Registered address: 20-22 Wenlock Road, London, N1 7GU / Company Number: 8488034.

Funding 365 Limited is not regulated by the Financial Conduct Authority or under the Financial Services & Markets Act (FSMA). All loans provided by Funding 365 Limited are non-regulated mortgage contracts, defined under Article 61(3) of the FCA Regulated Activities Order or non-regulated contracts under the Consumer Credit Act. Your property may be at risk if you do not keep up repayments on any mortgage or loan secured on it.

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0800 689 0650

30 Stamford Street, London SE1 9PY

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