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.
Loan amount
£ 515k
Loan to Value Ratio (LTV)
73%
Property value
£ 720k
Completion time
4 weeks