client circumstances Client needed funds to complete works on their investment property but their lender had unfortunately pulled funding on the day their loan was due to complete. The client’s broker approached MT Finance to see if we could step in. MT Finance solution As soon as we received the case, our underwriters were straight …
client circumstances Clients were leasehold owners of a commercial unit, where they had operated their private security company from for a number of years and when the freehold came up for sale, the company were keen to purchase it. The clients had been let down by another lender who were unable to proceed, and needed …
client circumstances We were approached by a client who wanted to add value to their buy-to-let property before they put it on the market. The required capital was to finance the conversion of an existing one bedroom flat into a two-bed, and to create a two-storey extension at the rear of the property to make …
client circumstances Our client was in the process of selling his property that had an existing second charge loan that was due for redemption in just 15 days, but the process was taking longer than expected. The client was feeling the pressure and urgently required £185,500 to redeem his existing 2nd charge loan that he …
client circumstances A Ltd Company needed funds to purchase a vacant commercial office block in Peterborough, which they intended to modernise and let out. The company had a specific completion date and were unable to obtain a commercial mortgage in the time-frame required. MT Finance solution We provided a £600,000 commercial short-term loan, at 45% …
client circumstances The client required £122,000 to complete the purchase of an investment property via auction. He approached his existing mortgage lender but the deadline for completion was tight. Time was running out and he faced risking his £50,000 deposit. MT Finance solution On receipt of the enquiry we issued an offer in principle to …
client’s circumstances Client had recently purchased a barn and its surrounding land for £400,000 through an SPV and required £236,000 to develop the asset into 3 residential dwellings. Once the works are completed, the asset was expected to fetch a value of £1.8m. MT Finance solution In just 10 working days, we provided an initial …
client’s circumstances The client owned a successful textile manufacturing company and as part of his growth strategy, was looking for funds to help him acquire a similar company. As part of the acquisition, the client was able to take over an existing contract for materials and products from Southeast Asia, including a shipment that had …
client’s circumstances Client required funds to complete the purchase of a commercial property, which they planned to convert into a house of multiple occupation (HMO). The vendor had set a specific timescale for completion, therefore the client needed to act quickly in order to capitalise on this valuable opportunity. The client required monies to help …
client’s circumstances A client had created an SPV and required a loan of £270,000 to purchase a vacant pub. The client intended to purchase the property and then apply for planning permission for the conversion to 6 flats. As the property currently didn’t have planning and was vacant, financing options were limited. MT Finance solution …
