Second Charge Bridge On Main Residence

May 27, 2020 | Case Studies

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