Commercial Bridge – London
Loan type | Commercial Bridging Loan |
Loan size | £200,000 |
Loan term | 12 month term |
Property/asset | Semi commercial property (office with 2 apartments) |
Property location | London |
Borrower | Developer |
Loan purpose | 1st charge BTL mortgage. £200,000 2nd charge to convert the office into residential. |
Loan exit | Sale of the apartment |