£1.2M refurb loan to create apartments from commercial property Situation: We were approached by an experienced property developer borrower, who had previously worked as a Quantity Surveyor for a large house building company before starting SME projects for themselves. They had…
Catalyst appoints new Financial Controller Catalyst, the specialist lender, today announced the appointment of Evelyn Thornton as their new Financial Controller. Before joining Catalyst, Evelyn worked predominantly in the manufacturing and retail sectors for companies such as Starbucks, Lush and…
70% LTV Buy-to-Let Finance Solution for Oxford Property Portfolio Situation: A property developer is looking to borrow 70% LTV on a portfolio of properties in Oxford with a combined worth of £1,700,000. The gross monthly rent of the portfolio is…
Catalyst appoints new Servicing Manager Catalyst, the leading short term property finance lender, today announced the appointment of Sophie Rose as Servicing Manager. Sophie will be working alongside and reporting into Head of Servicing, Amy Rickman, managing the loan book…
Catalyst launches ‘Latitude Buy To Let’ A new product designed for landlords who fall outside mainstream lending. Brokers and their clients can expect extreme flexibility on borrower affordability, accepted property, borrower type/credit profile and complex enquiries. Latitude has a 100%…
Purchase bridging loan – Manchester Loan type Purchase bridging loan at 80% LTV Loan size £308,000 Loan term 10 month term Property/asset Purchase of two properties Property location Manchester Borrower Developer Loan purpose Short term finance provided to purchase two…
Development exit for Winchester site Loan type Development exit finance loan at 80% LTV Loan size £1,000,000 Loan term 9 month term Property/asset 2 new build residential units Property location Near Winchester Borrower Experienced local Property Developer Loan purpose Short…
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…
Development Finance Exit, new build scheme Loan type Development Exit Finance Loan size £1,300,000 Loan term 9 months GDV £1,860,000 Property/asset New build scheme Property location South of England Borrower Experienced Property Developer Loan purpose An established new build developer…
Bridging To Renovate Hotel Loan type Developer exit bridge Loan size £2.9 million Loan term 12 months GDV £3.9 million Property/asset Residential development block of 14 apartments, currently under construction Property location Midlands Borrower Experienced property developer/house builder Loan purpose…
