Matthew Yassin recently completed financing a residential portfolio in West London which consisted of 47 units. These were a mixture of commercial (restaurants, local businesses, hairdressers, galleries etc) with uppers, Houses of Multiple Occupancy (HMO’s) and residential flats and houses. There were challenges posed with the current leases and the applicant’s credit profile given the presence of defaults and CCJ’s present from previous disputes with tenants. The process took just over 9 months and the loan of £7.5million completed which allowed the client peace of mind with a bank supportive of future plans (such as involving the children in the next few years).
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