Fast finance to purchase holiday let
Fast finance to purchase holiday let
| Loan type | Purchase of investment property |
| Loan size | £215,000 |
| Loan term | 6 months |
| GDV | £287,000 |
| Property/asset | Holiday rental apartment |
| Property location | Cornwall |
| Borrower | Experienced investor/landlord |
| Loan purpose | Fast access to finance in order to purchase. The property had a number of issues from lack of building regulation sign off to issues with rights of way. Retained interest. |
| Loan exit | Sort property issues and refinance |
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