Client circumstances: Our client owned a wholesale apparel business which had faced a financial setback due to the pandemic. As well as already having a business loan, they also had an £800,000 overdraft which was due to be repaid imminently. The client urgently needed £1.5m to repay the overdraft and purchase new season stock which …
Client circumstances: Our client was a property developer who owned a development site which included multiple residential units. The majority had already been purchased and only eight remained, although sales had been agreed for many of these. Out of these eight, six were either complete or at the snagging stage while two were wind and …
Client’s circumstances: Our client was a property investment company who urgently needed funds to repay an existing bridging loan they had taken out on two of their residential buy-to-lets. They had already applied for longer-term finance to exit the current loan, but this was taking longer than expected. With the deadline to repay the existing …
Client circumstances: Our client was a high-net-worth individual who urgently required £2.21 million to provide cash flow into a number of their businesses. To fund this expansion, they planned to utilise the equity in their main residence which had recently been valued at £13.5m. While the client could have acquired funds from a high street …
Client circumstances: Our clients were in the process of purchasing a pub which they had originally planned to fund by selling a piece of land. Although they had exchanged contracts with the buyer, the sale of this land was taking longer than expected and with the sellers of the pub requiring the clients to complete …
Client circumstances: Our clients were in the process of purchasing a pub with a restaurant and accompanying guest rooms which they were planning to make light refurbishments to before reopening. Their intention was to reside in a small portion of the property while running the business. They had already sold their former home but still …
Client circumstances: Our clients were a property development company who were the winning bidders on a former department store valued at £750,000. They initially needed £375,000 to complete the investment purchase with a portion going towards substantial works which included a modernization of the property and the building of eight new residential apartments. As the …
Client circumstances: Our client required £128,009 to undertake a heavy refurbishment on one of their rental properties which included a loft conversion, downstairs extension, and a renovation throughout. The client was a British national based in the Middle East and they were planning to raise funds for the works by placing a second charge on …
Client circumstances: Our clients had recently submitted the winning bid on an unoccupied residential property with a value of £177,000 and they needed £115,000 to complete the purchase. However, the property was subject to a prohibition order which restricted anyone from living there due to safety concerns. This meant that no high street lender was …
Client circumstances: Our clients required £500,000 to purchase a former police station through their recently established SPV. Their intention was to convert the property into a block of apartments, but they needed funds to cover the full purchase and all associated costs. They were planning to raise the finances they needed by taking out a …
