The brief
Our solution
Underwriter quote
We worked closely with all parties to understand our borrower's requirements and tailor an appropriate solution. We crafted a 12 month facility, releasing 100% of the remaining cost of works in tranches. Everyone involved worked around the clock with constant communication with the borrower throughout, which resulted in a completion in under two weeks from the initial enquiry.
The client required funding to refinance the existing debt on a 4 bed house in East London and finish the large internal refurbishment.
"Borrowers requiring finish and exit funding for their part complete projects generally need to access such funds quickly and at rates that don't threaten their profit margins. Fulfilling this criteria can be difficult, which is why we encourage brokers to speak to us first. Our principal-led funding model and industry-leading rates mean that we can move quickly to underwrite the best deals."
£440,000
69% LTV
0.79% PM
