Property Finance

Case Studies

Case Study 1:

Fast financing fuels HMO makeover and rent increase

An experienced property landlord required a quick facility to purchase a property needing internal work to uplift a worn-out HMO property. We were able to secure the loan in just under a month, allowing the client to move quickly with the proposed work and get it back on the market, which is now bringing in more rentals per month due to the uplift.

Product Type: Bridging loan

Loan amount

£ 515k

Loan to Value Ratio (LTV)

73%

Property value

£ 720k

Completion time

4 weeks

Case Study 2:

Rescue deal secures profitability for property developer

A property developer with cost overruns born outside of their control approached us for an urgent development exit option due to the current lender’s unwillingness to support a higher LTV. Using our panel and deep relationships, we put the project forward to a reputable lender who stepped in and helped not only extend the build period for completion but also reduce the previously high interest rate, allowing for more profit on the backend.

Product Type: Development Exit

Gross loan amount

£ 1.2mil

Loan to Value Ratio (LTV)

75%

Gross development value

£ 1.6mil

Completion time

5 weeks

Case Study 3:

Second charge secured to fund expansion for textile client

A client within the textiles business needed support with a large expansion and growth cycle period but was unable to afford the capital requirement directly. Our team was able to leverage off a BTL investment property held in the family of which we raised sufficient equity by way of a second charge allowing for cash to be injected into the business and secure them the contracts they needed.

Product Type: Second Charge Bridge

Loan amount

£ 870k

Loan to Value Ratio (LTV)

70% combined with 1st charge holder

Property value

£ 720k

Completion time

3 weeks

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