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 …
client’s circumstances: Clients required £1.63 million to purchase a block of flats, using a corporate vehicle that already held a huge portfolio. The property had recently been converted into 21 newly refurbished units, and therefore had the opportunity to generate good rental income and yields. The client was given three weeks to complete the purchase …
client circumstances: Clients required funds to redeem an existing 2nd charge loan secured over their home in Knightsbridge that had been used to invest into their business. The existing charge was coming to the end of its term and they urgently needed £753,000 to redeem the charge, with the remainder of the funds being injected …
client circumstances Our client had agreed to purchase a property at auction as she wanted to add value to her current portfolio. However, she had been served a notice to close the sale and was under increasing pressure for a quick turnaround of funds, otherwise she faced losing her deposit. The client required £45,500 to …
