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Case study: Holiday apartments in South-West England

A client with a good proven history of refurbishments wished to purchase a block of 9 apartments in a stunning area in South-West England.

The main purpose of the bridging loan was to lightly refurbish and then refinance the properties into the client’s BTL portfolio.

The purchase price was £875,000 and the end value with refurbishment reached £1,400,000.

Our team could offer the client a Day 1 advance of £599,250, rolled for the term of the loan, which was 9 months.


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