Second Charge Bridge On Main Residence
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 |
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