Fast finance to purchase holiday let

Sep 14, 2020Case Studies

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