Case Studies
Here are some examples of previous completions
Development Finance
- Development finance for a new build, 5-bed detached house
- £82,500 initial advance for purchase of land with additional tranches of £340,000 to complete 100% of the works. Borrower will sell the security on completion of construction
- Plymouth
Auction Purchase
- Auction purchase of a 4-bed detached house – desktop valuation
- £532,500 gross loan amount provided over a 12-month bridge. Borrower will provide a full internal refurbishment to the property and will then sell it for a profit
- Surrey
Auction Purchase
- Auction purchase of a 2-bed detached cottage – desktop valuation
- £135,375 gross loan amount provided over a 9-month bridge. The property requires minor refurbishments and will then be refinanced on to a buy-to-let mortgage.
- Llanddulas
Auction Purchase
- Auction purchase of a 2-bed detached cottage – desktop valuation
- £135,375 gross loan amount provided over a 9-month bridge. The property requires minor refurbishments and will then be refinanced on to a buy-to-let mortgage.
- Llanddulas
Commercial
- Re-bridge of a commercial property which was converted from a post office to a gym and office block
- £215,000 gross loan amount provided over a 9-month bridge will allow the borrower further time to market the property for sale after previous delays
- Redcar
Commercial
- Re-bridge of a commercial property which was converted from a post office to a gym and office block
- £215,000 gross loan amount provided over a 9-month bridge will allow the borrower further time to market the property for sale after previous delays
- Redcar
Commercial
- Commercial re-finance of four individual units in a busy retail park
- £840,000 loan provided over a 12-month bridge with funds being used as deposit towards further investment properties
- Staffordshire
2nd Charge
- 2nd charge mortgage against the borrower’s personal place of residence
- £106,000 gross loan provided over a fixed 5-year term with the funds being used as deposit towards a new investment purchase
- Bedfordshire
Capital Raise
- Capital raising against an unencumbered, Grade II listed Gothic Revival style mansion
- £900,000 gross loan provided over a 9-month bridge with the funds raised for business purposes related to other properties in borrower’s portfolio
- Welshpool
Buy-to-let
- Purchase of a two-bed terrace house – desktop valuation
- £118,575 loan provided on a low fixed rate, 2-year term, with prime buy-to-let lender
- Salford
Semi-Commercial
- Purchase of a semi-commercial property made up of a storefront and bed & breakfast on floors above
- £357,000 gross loan provided over a 9-month bridge with the borrower applying for planning permission to convert the upper floors to one 2-bed flat and a separate 5-bed HMO
- Bedfordshire
Semi-Commercial
- Purchase of a semi-commercial property made up of a storefront and bed & breakfast on floors above
- £357,000 gross loan provided over a 9-month bridge with the borrower applying for planning permission to convert the upper floors to one 2-bed flat and a separate 5-bed HMO
- Bedfordshire
Land
- Purchase of land with planning permissions in place – funded within 9 days of enquiry
- £210,000 gross loan provided over a 6-month bridge. The borrower crossed charge this with an additional security to provide additional funding towards purchase
- Devon
Land
- Purchase of land with planning permissions in place – funded within 9 days of enquiry
- £210,000 gross loan provided over a 6-month bridge. The borrower crossed charge this with an additional security to provide additional funding towards purchase
- Devon
Heavy Refurbishment
- Purchase of a large end-terraced property made up of four floors, including a separate selfcontained basement flat, in need of a full refurbishment
- £372,000 gross loan provided with an additional £70,000 provided in arrears to cover cost of refurbishment
- Plymouth
HMO
- Purchase of a licensed 8-bed HMO – desktop valuation
- £138,750 gross loan provided over a 12-month bridge
- Chester
Residential
- Purchase of a 17th floor leasehold flat in need of modernization – no valuation required
- £112,000 gross loan provided over a 9-month bridge
- London
Semi-commercial
- Re-finance of a bridge for a semi-commercial property made up of a shop on ground level and three self-contained flats above.
- £153,000 gross loan provided over a fixed 3-year term
- Merseyside
HMO
- Auction purchase of a licensed 5-bed HMO – desktop valuation
- £163,500 gross loan provided over a 15-year commercial mortgage
- Gloucester