CASE STUDIES

Catalyst Property Finance / Case Studies

DEVELOPER EXIT BRIDGING WITH CAPITAL RAISE

BRIDGING TO RENOVATE HOTEL

LAND WITH RESIDENTIAL PLANNING PERMISSION

HEAVY REFURB BRIDGING LOAN

SECOND CHARGE BRIDGE ON MAIN RESIDENCE

DEVELOPER EXIT BRIDGING WITH CAPITAL RAISE

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 Refinance from existing development finance lender, raising £0.5 million capital to purchase site for next development project.
Loan exit Unit sales

HEAVY REFURB BRIDGING LOAN

Loan type Heavy refurb loan for structural conversion
Loan size £1.1 million
Property value £1.7 million
Loan term 18 months
LTV 75% day one plus 100% build costs in arrears
Loan to GDV 65%
Property/asset Land with planning permission to build a new residential property
Property location Surrey
Borrower Experienced landlords employing with highly experienced contractors
Loan purpose To purchase commercial property, an ex-bank, to convert into 8 residential apartments
Loan exit Refinance

 

BRIDGING TO RENOVATE HOTEL

Loan type Standard bridge, allowing for medium renovation
Loan size £1.75 million
Loan term 12 months
GDV £3 million
Property/asset Detached hotel building built in 1900s, c.2,000 sqm
Property location A popular and busy town on the south coast
Borrower Experienced borrower with similar, successful local businesses
Loan purpose Borrower needed short-term finance to renovate the hotel, converting second and third floors to Airbnbs and the ground and first floors to office and restaurant space.
Loan exit Refinance to commercial mortgage

SECOND CHARGE BRIDGE ON MAIN RESIDENCE

Loan type Second charge bridging loan
Loan size £410,000
Loan term 12 months
LTV 70% LTV
Property/asset Main home residence
Property location Hertfordshire
Borrower Owners of several children’s nurseries, adding a new nursery to their business
Loan purpose To purchase an ex-pub and convert to a children’s nursery.
Loan exit Refinance

 

LAND WITH RESIDENTIAL PLANNING PERMISSION

Loan type Land with planning bridging
Loan size £156,000
Property value £240,000
Loan term 6 months
GDV £650,000
Property/asset Land with planning permission to build a new residential property
Property location Middlesex
Borrower House builder
Loan purpose To purchase land and prepare for building a small architectural new home
Loan exit Sale of property

 

DEVELOPER EXIT BRIDGING WITH CAPITAL RAISE
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 Refinance from existing development finance lender, raising £0.5 million capital to purchase site for next development project.
Loan exit Unit sales
HEAVY REFURB BRIDGING LOAN
Loan type Heavy refurb loan for structural conversion
Loan size £1.1 million
Property value £1.7 million
Loan term 18 months
LTV 75% day one plus 100% build costs in arrears
Loan to GDV 65%
Property/asset Land with planning permission to build a new residential property
Property location Surrey
Borrower Experienced landlords employing with highly experienced contractors
Loan purpose To purchase commercial property, an ex-bank, to convert into 8 residential apartments
Loan exit Refinance

 

BRIDGING TO RENOVATE HOTEL
Loan type Standard bridge, allowing for medium renovation
Loan size £1.75 million
Loan term 12 months
GDV £3 million
Property/asset Detached hotel building built in 1900s, c.2,000 sqm
Property location A popular and busy town on the south coast
Borrower Experienced borrower with similar, successful local businesses
Loan purpose Borrower needed short-term finance to renovate the hotel, converting second and third floors to Airbnbs and the ground and first floors to office and restaurant space.
Loan exit Refinance to commercial mortgage

 

SECOND CHARGE BRIDGE ON MAIN RESIDENCE
Loan type Second charge bridging loan
Loan size £410,000
Loan term 12 months
LTV 70% LTV
Property/asset Main home residence
Property location Hertfordshire
Borrower Owners of several children’s nurseries, adding a new nursery to their business
Loan purpose To purchase an ex-pub and convert to a children’s nursery.
Loan exit Refinance

 

LAND WITH RESIDENTIAL PLANNING PERMISSION
Loan type Land with planning bridging
Loan size £156,000
Property value £240,000
Loan term 6 months
GDV £650,000
Property/asset Land with planning permission to build a new residential property
Property location Middlesex
Borrower House builder
Loan purpose To purchase land and prepare for building a small architectural new home
Loan exit Sale of property