Case Study –Renovation Purchase | Without Functioning Utilities

Day-One Value £1,600,000
Day-One Loan Amount £1,040,000
Loan for Works £340,000
Location Hampstead
Day-One LTV 65%
Achieved Rate 3.99%

The Client

Our client had found a new property requiring significant renovation works in order to be habitable. In its current state, the property had no running water or functioning utilities. Our client’s desire was to undertake a renovation of the entire property to restore this house into their perfect family home. To accomplish this, our client instructed an architect and set out the plans for the project.