Auction Purchase on semi-commercial property in SW London​

The borrower, an experienced property professional and previous Catalyst client, required fast, reliable funding to complete an auction purchase. The asset, a semi‑commercial property in South West London, comprises of a commercial unit to the ground and basement floors, with a one‑bedroom maisonette above.

Quick loan overview
▪️Max Gross Loan: £817,500
▪️ Property Value: £1,090,000
▪️ 75% LTV
▪️ 12-month term
▪️ Loan exit: Refinance

Well done to our Senior Internal BDM, Oliver Jenkins and Senior Underwriter, Dan Burden, for their great work on the deal. And to Jamie Lloyd, one of our excellent intermediary partners from Xcel Finance, for helping to drive this through efficiently and on time.

For more information on our Auction Purchase loans, click here.