£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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We always aim to keep things simple and deliver.

As a small team, we offer direct contact/access at all times. Our underwriting is all operated in house and we have the ability to make quick decisions to ensure we are able to offer a streamlined path to a drawdown of funds.

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