Speedy loan to purchase Cornish 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
Skills

Posted on

September 14, 2020