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The brief
Our solution
Underwriter quote
Given the borrower's experience, we were able to fund 100% of the refurbishment up-front. By providing our headline terms at 65% LTV, the borrower was able to invest in other projects with their remaining cash.
The borrower required funding to refinance an existing bridging loan held over a newly refurbished 3 storey house in Nottingham, with extra funds to build a single storey rear extension and complete the garden.
"This case was a great opportunity to support an experienced property professional in expanding their portfolio. Thanks to our great relationship and competitive rates, we were able to assist this client with their subsequent development projects."
£1.3 million
65% LTV
0.74% PM
REFURBISHMENT: HOUSE IN NOTTINGHAM
CASE STUDY
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