Property Loan for the Purchase of Four Properties

Opportunity:

The customer agreed to purchase four terraced houses in need of full refurbishment, but he needed to complete quickly and wanted to pull capital back out to carry on with other projects.

Approach:

We shopped around for funders that can work quickly to purchase and exit once work was complete, minimising fees and interest to maximise capital.

Solution:

Funding was provided to complete the purchase within the required timescales at 75%, and refinanced out as soon as work complete and new open market value at 75%.