Funding 365 Delivers 75% LTV Bridge at 0.67%

Funding 365 Delivers 75% LTV Bridge at 0.67%

Funding 365 has delivered a 75% LTV £1.3 million residential bridge at just 0.67% per month to complete the purchase of 8 flats in Winchester.

Funding 365 has delivered a 75% LTV £1.3 million residential bridge at just 0.67% per month to complete the purchase of 8 flats in Winchester.

The deal, introduced by Tapton Capital, enabled the borrower to acquire eight two bed flats in need of modernisation. Given the size of the loan and the scope for redevelopment, as well as the client’s breadth of experience and strong credit history, Funding 365 were able to complete the deal at 0.67% per month.

These highly competitive terms make it possible for the borrower to use their own funds for internal refurbishment work on all eight flats. The twelve month term of the loan also provides the time necessary to strengthen the tenancies in preparation for exit.

The loan is under Funding 365’s flexible Residential Bridge product, which offers tailor-made funding solutions of up to £10 million on residential properties in England and Wales, with no admin fees, exit fees or early redemption fees. All of their transparent products can be viewed on their website, www.funding-365.com/products

Read the full story here:

https://www.thelandsite.co.uk/articles/funding-365-delivers-75-per-cent-ltv-bridge-at-0-67-per-cent

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.

Contact us

Useful links

Save time. Speak to us first

0800 689 0650

30 Stamford Street, London SE1 9PY

Location Icon