Property Development – Professional Introduction

We helped this Italian national with UK credit history obtain funding

Opportunity:

The client is an Italian National with no UK credit history. Available security included a property in London which was a large panel structure and was not suitable for a number of lenders. A valuation stated the property was not suitable for mortgage purposes.

Approach:

Bathgate used their contacts to help identify a funder who could assist.

Solution:

Term loan of £135K provided against existing property to release funds for additional property purchases.