Property Loan for Auction Purchase of Semi-Commercial Unit


Customer had agreed an undervalue purchase of a semi-commercial property at auction but needed quick funds to complete the purchase and also to carry out heavy refurbishment works.


We presented the client’s experience and plan for the property to a number of private funders to get interest rates and arrangement fees down to a minimum whilst maintaining flexibility over timescales and stages of funds release.


Funding was provided to complete purchase in the timescales required at 75% loan to value and 100% of the costs of works.