Case Study –Bridging Loan – Buying into a Business

Value £3,750,000
Loan Amount £700,000
Location Notting Hill
LTV 19%
Achieved Rate 0.48% per month

The Client

Our client owned a property that was valued at £3.75m, with an outstanding mortgage of £200,000. The property was on the market to be sold; however, the client was looking to raise funds in the sum of £500,000, which were required within 14 working days, in order to buy into a business.