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The brief
Our solution
Underwriter quote
This was the client's first project so it was important that we crafted a straight forward loan, which we were able to do at our headline rate in just a couple of weeks. We delivered £210,742 in 2 further advances to ensure that the client could complete a high-quality conversion and realise the full potential of the asset.
The client sought funds to convert a commercial property in Berkshire, England, into 3 modern apartments, whilst retaining the commercial unit on the ground floor.
Although they are inexperienced, the borrower's vision for this site shows real promise. Our simple and efficient way of working gave the client the confidence and resources necessary to achieve a great result.
£392,500
65% LTV
0.69% PER MONTH
SHOP CONVERSION INTO MIXED USE PROPERTY
CASE STUDY
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