Unregulated Bridging Loan for a Semi-Commercial Property
Location
Ryde, Isle of Wight
Property Type
Semi-Commercial
LTV
52%
Lender
Funding365
Scenario
Client was looking to purchase a semi-commercial unit consisting of a shop on the ground floor with 2x flats above with the view to convert to full residential.
Solution
We provided a 12-month unregulated bridging loan facility to support the purchase of the security and allow the client sufficient time to secure the planning permission, and complete the works.
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.
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How much can I borrow?
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