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by Peter Davies on 16th March 2020

Client:  With a large property portfolio, this HNW client specialises in heavy refurbs & property conversions. With finance already agreed for the purchase and refurbishment of a semi-commercial property, what should have been a straightforward case quickly escalated into a disaster; when after completion of the purchase the original lender wanted to underwrite the refurbishment element of the loan facility.

Requirement:  Undeterred by the problems at hand; our broker Peter Davies was quick to secure finance in excess of £2 million with Octane to replace the original borrowing with additional funding for the refurbishment.

Facility:  With a facility of just over £2 million secured it was down to the professionalism of the broker & his rapport with the lender to get this case through as a matter of urgency. Determined to keep his promise to the client, our broker successfully got the case completed in just two weeks.

Now that’s impressive!

Broker: Peter Davies


Written by Peter Davies


Starting his career in property and finance with Connells Estate Agents more years ago than he cares to remember, Peter was first employed as a sales negotiator before moving across into the Financial Services arm as a mortgage adviser. During this time he studied for, and passed, all three elements that make up the FPC qualification and in addition gained the CeMAP qualification. After 5 years with Connells he joined John Charcol in 2002. Based in the Canary Wharf office he remained with Charcol until joining Coreco in August 2009 shortly after the business was established. Better known as Taff, he now works within the Specialist team here at Coreco Towers dealing with the extremely varied requirements of their many clients.

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