£290,000 49% LTV 0.94% PM 12 MONTHS The brief Our solution Underwriter quote We delivered a competitive 12 month solution which enabled our borrower to finish off the internal works whilst also releasing some funds to finance other investments, before exiting via sale. The client required a loan to enable them to complete their conversion of a commercial unit to six flats in Ballycastle. "It's very satisfying being able to create highly bespoke solutions which provide exactly what our borrowers need to deliver their projects." ​ BACK TO PROJECTS BACK TO PROJECTS FINISH & EXIT: 6 FLATS IN BALLYCASTLE CASE STUDY

The brief Our solution Underwriter quote Given the borrower's experience within the property industry, our team were able to craft a bridging solution that was a cut above the competition. At 75% LTV, we delivered at a rate of 0.79%, which proved to be the perfect fit for his latest project; refinancing their previous lender with cash left over to inject into their next property. The client had an outstanding debt over 2 newly built houses in Anglesey. With the end of their development loan term looming, the borrower needed to secure additional time to put the property on the market. "This case exemplifies the strength of our products and the high quality service that we're capable of delivering time and time again." BACK TO PROJECTS £280,000 0.79% PM 71% LTV DEVELOPMENT EXIT: 2 HOUSES IN WALES CASE STUDY

The brief Our solution Underwriter quote The team worked around the clock with all involved to craft a facility that would refinance our borrower's current loan and fund 100% of the cost of works in arrears within the redemption deadline. With an LTV of 63% at 0.79% per month, the borrower was able to refinance their current loan with enough cash left over to invest in future projects. The client sought funds to finish and exit on their conversion of 4 flats in Kent into a 5 bedroom house. With the redemption date looming the borrower needed to complete quickly to avoid default charges from their development lender. "Our team’s dedication and expertise enabled us to craft a solution that met the client's urgent needs, ensuring a seamless refinance and providing additional capital for future ventures". BACK TO PROJECTS £430,000 63% LTV 0.79% PER MONTH CONVERSION OF 4 FLATS IN KENT CASE STUDY

£520,000 Gross 30% LTV | 55% LTGDV 1.03% PER MONTH The brief Our solution Underwriter quote The complex requirements of this case demanded close correspondence between our team, the broker and the developers. Upon review of the extent of works, we designed a 15 month facility to provide the borrower ample time to finish the project and apply for a long term loan, with 100% cost of works funded in tranches. The borrower required funds to convert their 2 storey commercial unit into a block of 3 apartments with a commercial unit below. With planning to convert the second storey offices into a residential unit and add an additional floor above, they require 100% cost of works funded in tranches. "The complexity of the project made for an interesting process for all involved. This case is a great example of the flexibility of our product suit." BACK TO PROJECTS SEMI COMMERCIAL REFURBISHMENT CASE STUDY

£2.3 million Gross 34% LTV | 32% LTGDV 0.99% PER MONTH The brief Our solution Underwriter quote We worked closely with all parties to understand our borrower's requirements and tailor an appropriate solution. We designed a facility that incorporated 100% of the remaining cost of works in tranches at a rate of 0.99% per month. The client had a part-complete development which was reaching the end of its development finance term. They therefore required funds to refinance their current lender and finish works on all 5 properties. "This case is a great example of how our unique underwriting process makes for a seamless experience when time is of the essence." BACK TO PROJECTS FINISH AND EXIT: PORTFOLIO OF 5 HOUSES CASE STUDY

The brief Our solution Underwriter quote We worked closely with all parties to understand our borrower's requirements and tailor an appropriate solution. We crafted a 12 month facility, releasing 100% of the remaining cost of works in tranches. Everyone involved worked around the clock with constant communication with the borrower throughout, which resulted in a completion in under two weeks from the initial enquiry. The client required funding to refinance the existing debt on a 4 bed house in East London and finish the large internal refurbishment. "Borrowers requiring finish and exit funding for their part complete projects generally need to access such funds quickly and at rates that don't threaten their profit margins. Fulfilling this criteria can be difficult, which is why we encourage brokers to speak to us first. Our principal-led funding model and industry-leading rates mean that we can move quickly to underwrite the best deals." BACK TO PROJECTS BACK TO PROJECTS £440,000 69% LTV 0.79% PER MONTH FINISH & EXIT: 4 BED HOUSE CASE STUDY

The brief Our solution Our team crafted an effective solution, delivering an interest rate of 0.89% per month for a 12 month period. Given the borrower's experience in the industry, the team were able to offer the highest LTV possible, which enabled them to use their own cash to carry out all the necessary works. The client required £350k to complete the auction purchase of a 3 bed semi-detached house in London, which required light cosmetic works before it could be put on market. "With our principal-led funding we’re able to make quick, credit-backed decisions on our loans. When we spot deals with real potential we always try to support them with the best terms possible." Underwriter quote BACK TO PROJECTS AUCTION PURCHASE: 3 BED HOUSE CASE STUDY £350,000 75% LTV 0.89% PM 12 MONTHS

£780,000 Gross 70% LTV | 56% LTGDV 0.99% PER MONTH The brief Our solution Underwriter quote Given the borrower's experience, we were able to provide 70% LTV day one with 100% cost of works, equivalent to 162% of the day one market value. The client originally came to us for a holding bridge to purchase the hotel and allow time to get planning permission. Once granted, they required a new facility that incorporated development tranches. The funds will be used to convert the derelict hotel into a 20 bedroom HMO. "It is always a pleasure helping a repeat borrower expand their portfolio. Especially for such an interesting project with multiple facilities involved. We ook forward to seeing the finished development." BACK TO PROJECTS CONVERSION: HOTEL IN SWANSEA CASE STUDY

The brief Our solution Underwriter quote Our highly competitive bridging loan enable our borrower to move quickly to purchase the properties. The client was in need of a bridging loan to purchase three tenanted flats in Derry/Londonderry. They plan to exit on to a term buy to let mortgage. "The borrower was extremely communicative throughout the underwriting process, which really suits our bespoke way of working. It made for a really swift completion and allowed us to execute the loan without delay." BACK TO PROJECTS £140,000 65% LTV 0.89% PM 12 MONTHS PURCHASE: 3 FLATS IN DERRY/LONDONDERRY CASE STUDY

£150,000 65% LTV 0.89% PM 18 MONTHS The brief Our solution Underwriter quote We worked closely with all parties involved to deliver a residential bridging loan in time for the purchase deadline and allow 18 months to obtain planning and complete the extension. The borrower required a bridging loan to purchase a 4 bed house in Kilkeel and provide them with sufficient time to apply for planning permission and extend the property using their own funds. "This was a very rewarding case. Having worked closely with valuers, solicitors and the introducing broker, we were able to design a facility which would give more than enough time in case of problems with planning permission." BACK TO PROJECTS PURCHASE & REFURB: HOUSE IN KILKEEL CASE STUDY

The brief Our solution Underwriter comment With the repayment deadline looming with their previous lender, Funding 365 worked closely with the introducing broker, borrower, valuer and lawyers to create a facility that ensured the borrower had ample time to complete the remaining works with their own funds and apply for long term finance. The client required funds to to refinance their existing long-term loan secured against two properties in Brighton and to release cash for their next project. Both properties are registered as HMOs: one is operational, and the other requires cosmetic refurbishment. "As underwriters, it's our responsibility to look at each case from every angle and find the potential in the deal. Here we delivered a rate that allowed the client to refurbish the properties in exactly the way that they had envisioned, whilst releasing cash for their business." BACK TO PROJECTS FUNDRAISE: TWO HMOs IN BRIGHTON CASE STUDY £1,700,000 62% LTV 0.79% PM

The brief Our solution Underwriter quote Our team moved quickly to assess the liquidity of the asset and underwrite a bespoke solution. As the commercial aspect accounted for less than 30% of the property value, we managed to deliver a solution at our headline rate of 0.74% per month for 12 months. Our speedy turnaround ensured that the client avoided costly extension charges. The client had an outstanding debt over a newly constructed block of flats in Hull, with a vacant commercial unit below. The borrower has finished works and sold 7 flats. However, with the end of their loan term looming, the borrower needed to secure additional time to market and sell the remaining properties. "We relish opportunities to support ambitious property developers who 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." BACK TO PROJECTS £500,000 44% LTV 0.74% PM SEMI-COMMERCIAL BLOCK OF 14 FLATS CASE STUDY