Case Studies

Hackney, London

£170k secured against this Ex local authority apartment

Dealing with Greymax capital for the very first time was like a dream come true,after they were recommended to me by one of my industry colleagues. Alan and his team stripped the case down to basics making what most lenders consider to be a complex situation come across as very elementary. From start to finish the case only took literally 7 working days to complete with the client on the verge of losing his deposit on a related purchase.

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Dealing with Greymax capital for the very first time was like a dream come true,after they were recommended to me by one of my industry colleagues. Alan and his team stripped the case down to basics making what most lenders consider to be a complex situation come across as very elementary. From start to finish the case only took literally 7 working days to complete with the client on the verge of losing his deposit on a related purchase. A very big thank you to Alan,Michael,Ben & Katie for pulling all the stops to make this happen….On to the next with a fabulous team of professionals.

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Barnet, Greater London

£1.45m secured against this office & light industrial site

Our borrower was able to utilise our swift lending process to compete this purchase BMV. The high LTV was based on the true value and not the purchase price, without the need for a formal valuation. Repayment was made through the sale of the asset at FMV.

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This was my first loan with Greymax and it was refreshing to deal with lenders that actually understand property! They did everything they said they would with no fuss and clear and direct communication. I have since used them again to acquire a mixed use Portfollio and had an equally excellent experiance. A really great service. Mr J

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Esher, Kingston upon Thames

£450k secured against this vacant nursing home

Our borrower was purchasing a site comprising a vacant nursing  home and a residential house. His institutional lender could not get comfortable with the nursing home. We stepped in and without a formal valuation provided a high LTV facility secured against the nursing home without relation to the purchase price. 

Repayment was made through the sale of this residential building at FMV.

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I absolutely LOVED working with you guys. Was one of my favourite deals with a lender in my 21 years. Complete two way trust, honesty and authenticity – you delivered on your promise, and most importantly (your USP along with speed), you were able to see value ahead of cost, so rewarding us as developer for buying well – we wouldn’t hesitate to work with you again on the right opportunity.  Have I just accidentally written a testimonial right there?  Mr O D

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Cambridgeshire

£2m secured against this vacant house

Our borrower was purchasing from a deceased estate BMV. There were various historical planning ‘issues’ and with zero comps, the valuation of such a house was not simple. Our approach allowed the purchase to complete BMV (without a formal valuation). Repayment was made through the sale of this residential building at FMV.

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We have worked with Greymax for several years now, on loan sizes from £200k to £2m+, and in each case find the same quality of service. A serious no-nonsense attitude with logical decision-making and cutting out the red tape. The team are on hand to always deliver, no matter the restricted timescales. Mr A S

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Hertford, Herfordshire

£430k secured against this former office/retail building

Our borrower  was purchasing this Grade 2 listed property with planning permission  for conversion of the upper parts to 3 x residential apartments.

His Broker had introduced him to another bridging lender who after three weeks, was nowhere close to completion. We had five days to achieve this and were ready in only three without the need for a formal valuation! Repayment was made through a mix of sale and refinance. 

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I was introduced to Michael and Ben from Greymax Capital a couple of years ago for a small project in Hertford, Hertfordshire. They looked after me better than any other funding provider. I can’t stress enough how easy they made the process, it was simple straight forward and to the point, even their legal team were fast and efficient (often chasing mine). Without Greymax Capital I would not have been able to complete a really tight acquisition in record time. I would definitely recommend the company and will continue to use their services. Mr J M

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Croydon, Greater London

£825k secured against this Warehouse and office building

Our borrower was purchasing this site with the intention of obtaining planning permission for the conversion of the office building to residential use. We advanced a high LTP based on our opinion of value as was being purchased BMV. Repayment was made via sales.

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We had a very short window of opportunity to complete an off market commercial deal so we needed a company that would be very swift and quick and also with a good understanding of the market and what we were doing.From initial contact with Greymax we felt we were dealing with a firm that understood our needs and the time constraints involved and we couldn’t have been happier with the speed and efficiency of service. Micheal and Ben’s expertise and communication skills was perfect as we were able to get this completed within a short period and their above-and-beyond approach helped us to get this deal completed in time. Mr S A

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Battersea, London

£3.126m secured against 2 x new build apartments

Our borrower (who was based in Saudi Arabia) had exchanged these apartments off-plan and was then served with notice to complete which left them very little time to arrange term finance. New build in Battersea is an asset class many lenders are avoiding  (due to concentration). We visited and liked the security properties. Funds were provided in time without a formal valuation. The loan was repaid via refinance.

Willesden, London

895k secured against this freehold house

Our borrower was purchasing this freehold house with the intention of obtaining planning permission for conversion into self contained flats. We advanced a high LTP based on our opinion of value as the property was being purchased BMV. We then provided a refurbishment/development facility for the works once planning permission was obtained. No formal valuations or QS visits were required for this loan and all administration was dealt with by us at zero additional cost to the borrower. Repayment was made via refinance.

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We had recently obtained planning consent to convert a single-family home into three flats. However, our current bridging loan provider was moving at a slow pace, and the delay in obtaining planning permission was resulting in significant monthly charges. Frustrated with the situation, we approached Greymax for assistance. To our delight, they quickly grasped the intricacies of our project and promptly offered us loan terms within 24 hours. Thanks to Greymax, we were able to switch loans within a week, enabling us to commence construction on-site.

Our loan tenure with Greymax spanned 10 months, providing us with the much-needed working capital to successfully complete the build. Throughout the process, Greymax proved to be highly accessible, always available to provide information and support regarding the loan. Their collaborative approach made working with them a breeze, and we wholeheartedly recommend their services to anyone in need of a bridging loan. Mr J M

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Stoke on Trent

£225k secured against petrol station

Our borrower was purchasing this freehold petrol station with the intention of procuring a new petrol supplier agreement. We managed to educate ourselves on this asset class and provide a loan within 2 weeks without the need for a formal valuation or visit. Although initially an 18 month loan, the term was extended to just under 3 years and repayment was made incrementally from trading profits.

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Thanks to you for supporting this successful venture. Been a pleasure working with you and I will be back in touch for my next petrol station purchase which is hopefully not far off Mr B

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