Client circumstances: Our client required £89,100 to purchase a development site through their limited construction and property company. They planned to build residential housing on the site and wanted to leverage the equity in their main residence, which was valued on the open market at £585,000 with an existing first charge mortgage of £206,400. The …
Client circumstances: We were recently approached by a broker on behalf of their client regarding funding for a development project. The client had started to undertake work on a series of six terraced residential properties but was looking to secure further funds of £514,097 to complete the project. He had already started the loan process …
Client circumstances: Our client was the winning bidder on a mid-terrace property in Swindon, valued at £135,000. The client needed £94,500 to complete the purchase, with a portion of the funds going towards some light refurbishments. Time was quickly running out and the client only had 14 days left in which to complete the purchase. …
Client circumstances: Our client required funds to invest in a new joint assisted living property venture. He wanted to release capital from one of his investment properties- a flat in King’s Cross, with an open market value of £1.1m and an existing first charge of £581,000. However, the client had a rather complex income structure …
Client’s circumstances: Client required funds to purchase a French restaurant in Kensington, which he intended to make light refurbishments to before opening. He was waiting on the sale of one of his overseas investment properties to fund the transaction but the sale process was taking a little longer than expected. As the funds were only …
Client’s circumstances: Client required a bridging loan to complete the purchase of a residential property he had won at auction. He wanted to make a profit on his purchase and use some of the loan towards refurbishments, before selling it on at a higher value. The client was unable to go down the mortgage route …
Client’s circumstances: Client was part way through converting a large commercial property into residential flats but due to other investment opportunities within their business, they needed to release further capital to complete the works and allow them to continue with onward investments. The client is a BVI company and didn’t want to wait around for …
Clients circumstances: The clients were looking to expand their beauty business and required funds to complete the purchase of a commercial property, consisting of a beauty salon and redundant offices. They intended to convert the offices above the salon into residential flats, under permitted development. Initially the client had another lender in place but were …
Client’s circumstances: Clients needed £104,000 to purchase a residential investment property, which they planned to eventually refurbish and put on the rental market to generate some extra income. The clients had approached their mortgage lender but were turned down because the sellers had someone currently residing in the property and vacant possession wasn’t swiftly obtainable. …
client circumstances: Client required funds to complete the purchase of their business premises. The client wanted to leverage the equity in two of their investment properties that already had first charges secured on them – one was a residential property, the other was an HMO, with a combined open market value of £1.05 million. They …
