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 |