Purchase Bridging loan – Manchester

Purchase bridging loan – Manchester

Loan typePurchase bridging loan at 80% LTV
Loan size£308,000
Loan term10 month term
Property/assetPurchase of two properties
Property locationManchester
BorrowerDeveloper
Loan purposeShort term finance provided to purchase two properties – 100% of the works funded. 
Loan exitSale of the properties

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Property developer reviewing plans for a residential development exit loan project for case study