Refinance to repay bridging loan

Our client had obtained a bridging loan of £126K 18 months previously to acquire a property at auction. They had carried out some renovation works to the property and wanted to refinance onto a term basis. The property was a maisonette flat in a row of 4 flats above 4 retail units, one of which was an off licence and …

£400k to refinance a development loan

In June 2018 we assisted clients with bridging finance to purchase a terraced house in Huddersfield for £270k. Their plans were to convert it to 4 apartments. Although they had previously undertaken light refurbishments of some BTL properies, this was a much more significant project. Conversion works costing c.£80k were fully funded by the client and progressed well. The clients wished …