Funding to support the auction purchase of a 4 bed detached property in Oxford

The Project

Our Borrower, who is an experienced developer and a repeat client to Seneca Bridging, required funding to support the auction purchase of a 4 bed detached property in Oxford.

The Approach

With the auction having an imminent deadline date, Seneca needed to act quickly and instructed its experienced panel of professionals to report on the property and carry out full due diligence within a very tight timeframe.

The Outcome

Seneca completed on the funding within 2 weeks of instructing the Solicitors, providing a Gross Facility of £305,000.