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Bridging Loan
HMO Portfolio Purchase
LTV – 90%
Location: Leicestershire
Successfully completed a complex transaction of 3 HMO Properties.
Project: Client to complete minor refurbishment and refinance on to HMO mortgages holding for long term.
Current Market Value: £720,000
Purchase Price: £540,000
Loan Amount: £486,000
Term: 12 months
Bridging Loan
Auction Purchase
LTV – 88%
Location: London
First charge on security address and second charge on BTLs.
Project: Refurbish de-relict property and refinance
Loan Amount: £330,000
Term: 9 months
Bridging Loan
Auction Purchase
LTV – 100% (Net)
Location: Bristol
Completed this purchase for client in 9 Days!
Client was let down by another lender. We rescued the deal and funded 100% purchase with additional security.
Project: Freehold Block of 2 flats. Buy, refurbish, split title and refinance.
Loan Amount: £325,000
Term: 12 months
Bridging Loan
13 Bedroom HMO Purchase
LTV – 75%
Location: Bridgewater, Somerset
Successfully completed an auction purchase within 4 weeks with a complicated vendor.
Project: Fully refurbish the HMO, get retrospective planning and make it compliant.
Loan Amount: £255,000
Term: 12 months
Bridging Loan
Auction Purchase
LTV – 65%
Location: London
Successfully completed an auction purchase with tight timelines.
Project: Convert 1 bed to 2 bed and complete full refurb.
Loan Amount: £135,000
Term: 9 months
Bridging Loan
Auction Purchase
LTV – 100%
Location: Kent
No additional security, based on current market value.
Project: Refurbish run-down flat and extend short lease.
Loan Amount: £108,OOO
Term: 9 months
Bridging Loan
Auction Purchase
LTV – 75%
Location: Nottingham
Successfully met the auction completion timescales.
Project: Refurbish de-relict residential property and refinance.
Loan Amount: £95,000
Term: 9 months
Bridging Loan
Auction Purchase
LTV – 75%
Location: Liverpool
First time buyer, First time landlord and Foreign National on Visa.
Project: Refurbish de-relict residential property and sell.
Loan Amount: £30,000
Term: 9 months
