Short term loan for purchase, refurb and loft conversion
Short term loan for purchase, refurb and loft conversion
| Loan type | Bridging loan to purchase and refurbish residential property |
| Loan size | £930,000 |
| Loan term | 12 month term |
| GDV | £1,270,000 |
| Property/asset | Semi-detached property in Greater London |
| Property location | Central England |
| Borrower | Experienced Property Developer |
| Loan purpose | Short-term finance provided to borrower for them to purchase semi-detached property at auction, funding provided to carry out internal refurbishment works, including loft conversion |
| Loan exit | Property sale |
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