The brief

Our solution

Underwriter quote

Our team moved quickly to assess the liquidity of the assets and underwrite a bespoke solution. We delivered a 75% LTV solution at a rate of 0.69% per month for 9 months. Our speedy turnaround ensured that the client avoided costly extension charges. 

The client had an outstanding debt with a different lender over 11 newly constructed houses in Macclesfield. With the end of their loan term looming, the borrower needed to secure additional time to discharge planning conditions, complete the landscaping and sell the properties. 

We love having the opportunity to support ambitious property developers that are servicing the high demand for new housing. In this case, we were able to offer our headline rate and a loan term that fit the borrower's needs perfectly. Credit to the solicitors for their swift work in getting the case across the line.

Residential case study CASE STUDY

REFINANCE: 11 NEWLY CONSTRUCTED HOUSES

£2.1 MILLION

75% LTV

0.69%  PER MONTH

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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0800 689 0650

30 Stamford Street, London SE1 9PY

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