Specialists in Property Finance
Our client had owned the security since 2008 and was looking to re-mortgage to clear the existing first charge;
Security; Mixed commercial and residential property comprising a retail shop and residential upper parts (A1 retail & C3 residential)
Value; £360,000
Loan; £152,250 (42% LTV)
Term; 10yr term
Repayment; Interest only
Our client had owned the security since 2008 and was looking to re-mortgage to clear the existing first charge;
Security; Mixed commercial and residential property comprising a retail shop and residential upper parts (A1 retail & C3 residential)
Value; £360,000
Loan; £152,250 (42% LTV)
Term; 10yr term
Repayment; Interest only
Security; Our clients developed a site of 37 light industrial units – they chose to retain 16 of the units and switch from development finance to commercial term finance. Some units were still vacant on completion.
Security; 16 x light industrial units
Value; £3,688,000
Loan; £2,361,450 (64% LTV)
Term; 5yr term
Repayment; Interest only
Security; Our clients developed a site of 37 light industrial units – they chose to retain 16 of the units and switch from development finance to commercial term finance. Some units were still vacant on completion.
Security; 16 x light industrial units
Value; £3,688,000
Loan; £2,361,450 (64% LTV)
Term; 5yr term
Repayment; Interest only
Security; Our clients developed a site of light industrial units – they sold some off and chose to retain some by switching from development finance to a commercial term loan.
Security; Portfolio re-mortgage of 6 x light industrial units and an office building.
Value; £1,590,000
Loan; £1,158,750
Term; 5yr term
Repayment; Interest only
Security; Our clients developed a site of light industrial units – they sold some off and chose to retain some by switching from development finance to a commercial term loan.
Security; Portfolio re-mortgage of 6 x light industrial units and an office building.
Value; £1,590,000
Loan; £1,158,750
Term; 5yr term
Repayment; Interest only
Our client was looking to purchase a resi 4 bed property to undertake some very light refurb works to convert to a 5 bed licenced HMO. His long-term intention was to apply for planning to develop a block of flats. Mainstream lenders declined due to the commercial location of the security and so a more specialist lender was required;
Security; 4 bed detached property
Purchase Price; £600,000 (vacant possession value)
Loan; £450,000 (75% LTV)
Term; 2yrs
Repayment; Interest only
Our client was looking to purchase a resi 4 bed property to undertake some very light refurb works to convert to a 5 bed licenced HMO. His long-term intention was to apply for planning to develop a block of flats. Mainstream lenders declined due to the commercial location of the security and so a more specialist lender was required;
Security; 4 bed detached property
Purchase Price; £600,000 (vacant possession value)
Loan; £450,000 (75% LTV)
Term; 2yrs
Repayment; Interest only
Our client owned a HMO property already and was looking to purchase 2 x HMO’s in a limited company name to add to his portfolio (2 x separate loan applications);
LOAN 1
Security; 7 bed licenced HMO
Purchase Price; £425,000 (investment value)
Loan; £318,750 (75% LTV)
Term; 30yrs
Repayment; Interest only
LOAN 2
Security; 10 bed licenced HMO
Purchase Price; £545,000 (investment value)
Loan; £408,750 (75% LTV)
Term; 30yrs
Repayment; Interest only
Our client owned a HMO property already and was looking to purchase 2 x HMO’s in a limited company name to add to his portfolio (2 x separate loan applications);
LOAN 1
Security; 7 bed licenced HMO
Purchase Price; £425,000 (investment value)
Loan; £318,750 (75% LTV)
Term; 30yrs
Repayment; Interest only
LOAN 2
Security; 10 bed licenced HMO
Purchase Price; £545,000 (investment value)
Loan; £408,750 (75% LTV)
Term; 30yrs
Repayment; Interest only