Case Studies

REFINANCING A COMMERCIAL PROPERTY TENANTED BY A CHARITY

Client: As experienced mortgage advisers, we’re used to securing finance for all different types of commercial requirement. For our latest case study, we were approached by a client who had purchased a large commercial property using a bridging loan, but … Continue Reading

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TIGHT TIMESCALES MET BY CORECO COMMERCIAL FOR FUNDS TO DEVELOP A NEW RESIDENTIAL PROPERTY

Client: Our new year case study kicks off with a client who recently purchased a property to develop and move in to, and thereafter let their existing residential property out. Requirement: Initially, they thought that a Let to Buy (LTB) … Continue Reading

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HELPING OUR CLIENT CONVERT A DERLICT PUB WITH BRIDGING FINANCE

Client: We were approached by a recent client when they inherited a number of properties – one of which was a pub that had been derelict for over 10 years. Requirement: Upon acquiring the properties, the client made the decision … Continue Reading

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CORECO COMMERCIAL SECURE A MULTIMILLION-POUND BRIDGE IN JUST 5 WEEKS FOR HNW CLIENT

Client: For our latest case study, a High Net Worth client in need of close to £3 million while in between facilities, contacted us for help. Requirement: The property in question was a multimillion-pound, prime single unit in London. Unfortunately, … Continue Reading

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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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