Funding 365 Completes 75% LTV £2million Loan with Black Book Finance

Funding 365 Completes 75% LTV £2million Loan with Black Book Finance

Funding 365 has this week completed a large portfolio refinance brokered by Black Book Finance. The tailored loan was to enable the borrower to restructure the debt across their seven properties – including an HMO - in Bristol.

Funding 365 has this week completed a large portfolio refinance brokered by Black Book Finance. The tailored loan was to enable the borrower to restructure the debt across their seven properties – including an HMO - in Bristol.

Alongside restructuring the current debt, the borrower also needed to release cash to purchase another BTL property to add to their portfolio. As their properties had strong rental yields Funding 365 was able to offer 75% LTV – just what the borrower required to cover the refinance and cash raise.

Funding 365 Limited is registered in England & Wales / Registered address: 20-22 Wenlock Road, London, N1 7GU / Company Number: 8488034.

Funding 365 Limited is not regulated by the Financial Conduct Authority or under the Financial Services & Markets Act (FSMA). All loans provided by Funding 365 Limited are non-regulated mortgage contracts, defined under Article 61(3) of the FCA Regulated Activities Order or non-regulated contracts under the Consumer Credit Act. Your property may be at risk if you do not keep up repayments on any mortgage or loan secured on it.

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