£2.6 million

27% LTV | 53% LTGDV

0.97% PM

The brief

Our solution

Borrower quote

We delivered a bespoke loan of £600,000 on day one with a further £2 million in tranches at an interest rate of 0.97% per month for our experienced developer borrower to be able to deliver their project.

The client required a heavy refurbishment loan to convert a hotel into 19 flats. They plan to exit via a combination of sale and refinance onto buy to let mortgages.

"We found Funding 365 very quick and easy to work with and they gave us a really flexible loan facility to ensure we would have sufficient funds and time to complete our project." 5 Star Google Review

BACK TO PROJECTS

HMO CONVERSION: HOTEL IN KENT