First-Time Buyer Mortgage for a Mid-Terrace Property
How we helped our client secure secure a mortgage with no deposit but instead was receiving a non-family gifted deposit
Case Study
Bridging Loan for a Multi-Unit Freehold Block
Location
Bournemouth
Property Type
Multi-Unit Freehold Block
LTV
75%
Lender
Castle Trust
Scenario
Clients had developed a vacant pub into 8x flats but due to delays with materials and builders, project over ran and development finance facility needed to be redeemed. Project was 90% complete.
Solution
Provided a Developer Exit Bridging Loan which allowed clients to redeem the Development Finance Facility, release additional funds to complete the remaining works and an additional 12 months, with interest fully rolled up, to allow client time to decide whether to sell or refinance.
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Get in touch
Whether you’re a first-time buyer, moving home, looking to remortgage or raise a second charge, dive into buy-to-let ventures, or looking to explore development opportunities, we have tailored solutions that cater to your unique needs.
