The brief
Our solution
Broker quote
Working closely with the introducing broker, our Head of Underwriting delivered a bespoke light refurbishment loan at our highly competitive interest rate of 0.64% per month, with a tranche to fund the remaining cost of works in arrears.
The client required a 12 month loan to complete their renovation, including replacing the roof, of three flats in a Grad II listed semi-commercial building in Kent. They also wanted to free up cash flow to start new projects.
"Even at the lowest interest rates, Funding 365 use 'common-sense' underwriting and deal with any issues pragmatically. Calum is super-efficient and always on hand. A last-minute potential issue could have pushed loan completion back a few days, but a decision was made quickly to ensure the loan completed as planned." John Waddicker, Positive Commercial Finance
£400,000
65% LTV
0.64% PM
