The Challenge When our Borrower identified a high-potential auction property in Rotherham, they needed a fast, flexible funding partner to secure the site and fund its full refurbishment. As first-time borrowers entering the early stages of their investment journey, they…
The borrower needed £379,200 net to purchase two properties, a public house and a residential house each with a purchase price of £237,000. He was using some of his own funds for the deposit. The purpose of purchasing these properties…
The Project The client required funding to repay their existing Bridging Lender, with a further advance to complete the development of 10 x bungalows which had planning for second home status/holiday lets, in the Durham area. The Approach We funded…
The Project Our client came to us pressed for time, urgently needing our assistance to refinance one of their properties to ensure that they could secure a connected purchase. Our client, who has a wealth of bridging finance knowledge, intends…
The Project Our client, a property developer based in Yorkshire, owned a site with several large commercial units with planning to develop the property into ground floor retail units with residential apartments above. The Approach Seneca provided a finance package…
Seneca Bridging completes 3 loans in 72 hours during April Northumberland A £175,000 bridging loan to purchase and convert a former commercial building into a 3 bedroom residential dwelling. Surrey A £2,000,000 development loan to purchase a site with planning…
Stockton-on-Tees, North East A £50,000 bridging loan secured against a flat in Stockton-On-Tees. The purpose of the loan was to raise capital against the property to assist the borrower’s cashflow in another scheme. The transaction was completed within a month…