The Project The borrower approached Seneca for a bridging loan to support the purchase of a 3 bedroomed terraced residential property in Swindon, for buy to let purposes. The property was in need of refurbishment. The borrower, who has vast…
The Project A Plymouth based property developer needed help funding the purchase and refurbishment of a buy-to-let property in Plymouth city centre consisting of a basement flat and a maisonette flat. The Approach Seneca provided £243,000 to aid the purchase…
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…
Seneca Lend £400,000 to Fund the Build of Two Apartments in Clifton, Bristol Our client required £100,000 bridging finance to pay off the existing loan secured against his site and a further £300,000 development loan to build two luxury apartments…