Funding required to aid the purchase of a property in London

The Project

Our client required funding to aid the purchase of property in London which contained a studio apartment and commercial units on the ground floor and an additional studio apartment to the first floor.

The Approach

With no requirement for works to be carried out on the property, we were able to swiftly proceed to valuation. The property was valued £90,000 below what was expected however we were able to work with the client on the down values and instruct our Lawyers to proceed to completion.

The Outcome

Now that the client has secured their purchase, they have the comfort of a 9-month loan term to allow them to obtain a refinance to repay our facility in full.