Short term loan for purchase, refurb and loft conversion

Sep 21, 2021Case Studies

Loan type Bridging loan to purchase and refurbish residential property
Loan size £930,000
Loan term 12 month term
GDV £1,270,000
Property/asset Semi-detached property in Greater London
Property location Central England
Borrower Experienced Property Developer
Loan purpose Short-term finance provided to borrower for them to purchase semi-detached property at auction, funding provided to carry out internal refurbishment works, including loft conversion
Loan exit Property sale