Case Studies

CORECO HELP LET DOWN CLIENTS SECURE PURCHASE WITH BRIDGING LOAN

Client: Our client had been let down when the Buy to Let lender who had agreed a mortgage noted the property was being purchase under market value and was then unable to fund the purchase. They turned to Coreco Commercial … Continue Reading

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SECURING A £1 MILLION BRIDGE FOR REFURBISHMENT AND CONVERSION

Client: We were approached by an experienced developer purchasing a high street terrace property for conversion. They intended on retaining the commercial ground floor element but wanted to convert the upper floors into three residential flats. Requirement: Semi-commercial refurbishment and … Continue Reading

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SELF-BUILD MORTGAGE SAVING OUR CLIENTS MONEY

Client: We were recently approached by clients who owned a plot of land and were looking to build their new home on it. They already had development finance in place, and came to us to find their main residence exit … Continue Reading

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WHAT TO DO WHEN A PROPERTY BUYER PULLS OUT

Client: With an increased amount of time now spent at home, we’re finding more and more clients are looking to upsize. Our recent client was no different and in their quest for more space, they wanted to purchase a larger … Continue Reading

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REFINANCING A PART-COMPLETED COMMERCIAL PROPERTY REDEVELOPMENT DURING COVID

Client: Coreco Commercial’s Peter Davies recently helped his clients refinance their High Street commercial property to allow redevelopment works to continue, after their existing lender withdrew funding part way through as a result of COVID-19. Requirement: The property in question … Continue Reading

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INTRICATE RESIDENTIAL PROPERTY PURCHASE

Client: We were approached by a client looking to purchase a property that they were currently renting, and had agreed to purchase almost 2 years ago. Requirement: It’s not uncommon for our team to be approached by clients with a … Continue Reading

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FAST BRIDGING FINANCE FOR PERSONAL NEED

Client: We were approached by a client in need of fast bridging finance, secured against their assets. Requirement: Julian Ingall, Director of Coreco Commercial Finance and broker himself, was approached by the client looking to raise enough funds to pay … Continue Reading

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UNIQUE SHORT–TERM LET HMO FINANCE

Client: A UK resident with existing property experience, has a portfolio of 3 Category D HMO properties. These properties are let to a managing agent who sub-lets to the local authority. The properties are used to provide accommodation to vulnerable … Continue Reading

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COMPLEX DEVELOPMENT EXIT FINANCE

Client: An impressive HNW developer requiring an exit from existing development finance after completing his second block of flats overlooking the sea in Saint Austell. Requirement: Our client wanted to complete a complex transaction of £1.6m to refinance his existing … Continue Reading

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RESIDENTIAL REGULATED BRIDGING FINANCE

Client: An existing HNW client struggling to refinance their home due to a change of career, looking to repay their existing overdue mortgage. Requirement: Our client was in need of an urgently fast completion as their existing residential mortgage was … Continue Reading

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