Commercial, Featured, News
Client details: Private individual landlords – no experience
Property details: Development and Refurbishment Loan to complete a large extension and full refurbishment of the existing building.
Reason for finance: The clients required loan of £878,000 to complete their complex extension build and refurbishment of the property, which is to be used as a holiday let.
Challenges: .As the intended work was complex, a build programme of up to 12 months was envisaged, and the start of the work was time critical to enable any disruptive works to be undertaken out of high season so that neighbouring properties were not disturbed during this time
Solution: As the build programme has a maximum expected timeframe of 12 months, a term of 15 months was agreed with the lender to allow time for refinance with a loan facility provided to cover all build and contingency costs.
Special thanks: We want to offer special thanks to C&M Wealth – Sophie and Leigh were very responsive. They both worked extremely hard with ourselves, the clients and solicitors to ensure funding was completed at the earliest opportunity.
DNA
We know that all our clients are unique, and therefore the finance you require needs a different approach. We pride ourselves on providing a client focussed journey built around your needs and goals.
Our team always expresses their professionalism through their authenticity, high level of work ethic, and can-do attitude. We always find the best way for our clients to succeed.
Our progressive and forward-thinking outlook allows us to guarantee an exceptional level of innovative advice and service, ensuring an effortless, client-centric journey in the ever-changing financial world.
Contact
Fill out the details below to start a conversation with one of the team.
Reviews