Refinance of 5 Unsold Apartments and a Freehold From a Development of 46 Residential and 3 Commercial Units

What was needed? Our client in Surbiton needed to re-arrange their finance when they weren’t able to sell 5 apartments and a freehold from a development of 46 residential and 3 commercial units. Their previous finance arrangement had come to an end and they needed to re-negotiate the finance on the remaining units. What did we do? We spoke with the client so that we could understand their previous arrangement, the value of their existing units and how much they [...]

By |2021-10-28T13:58:53+00:00October 28, 2021|0 Comments

Development Finance Used to Converting Office Block into 50 Residential Units

What was needed? Our client needed to borrow a substantial amount in order to redeem a bridge loan that they’d used and then convert office space into 40 residential units and an extra floor for a further 10 residential units. What did we do? We sat down to understand what the project was, what it required, and what sort of experience our client had. After understanding that they had quite a lot of experience in property development we decided to [...]

By |2021-10-28T13:06:55+00:00October 28, 2021|0 Comments

Converting Office Block into 50 Apartments

What was needed? Our client was looking to purchase an office block that they intended to convert into 40 apartments, with the client also gaining planning permission for an extra floor with an additional  10 apartments. The client needed capital to be able to complete the purchase, and needed it in the short term to be able to complete the purchase and the development of the building. What did we do? We sat down and spoke with the client to [...]

By |2021-10-28T12:44:49+00:00October 28, 2021|0 Comments

Refinance Property To Raise Capital For Development

What was needed? Our client, based in London, needed to refinance their property in order to release some equity in order to fund a property development that they were investing in. The client needed a short term solution in order to release capital to purchase the development site, and decided to use their residential property as security for the loan. What did we do? We spoke to our clients about refinancing their property arrangements with a remortgage on their personal [...]

By |2021-10-28T13:08:31+00:00October 28, 2021|0 Comments

Large Development Facility For Client in Sheffield, Fargate

What was needed? Our client in Fargate was looking for a development loan in order to develop a property investment that they had acquired but lacked the capital to complete the development. We looked at a number of options and decided that development finance was the right solution for our client. What did we do? We went through the project in detail in order to understand the client’s situation as well as their experience and track record of success. We [...]

By |2021-10-28T13:10:49+00:00October 21, 2021|0 Comments