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 |
