Client’s circumstances: The client, a professional London based property investor, had the opportunity to acquire the property below market value in Harrow, London, and required a quick completion and high leverage.
LandlordInvest’s service: LandlordInvest provided a first charge bridging loan of £277,500, with a loan term of 9 months at 75.0% LTV and 80.0% of the purchase price. The loan completed within ten working days.
The result: The client was not able to repay the loan in time due to not being able to sell the property within the provided time frame. LandlordInvest understood the client’s situation and extended the loan for a further 3 months which provided the client with sufficient time to exit the loan.
Commercial property loans from £100,000 to £1,000,000.Make an enquiry
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Financing the purchase of commercial property leased to a FTSE listed company
Bridging loan | First charge | Retail commercial | Bridgend
Don't invest unless you're prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 mins to learn more.
LandlordInvest Limited is authorised and regulated by the Financial Conduct Authority (FCA) (FRN 660926). LandlordInvest Limited is not covered by the Financial Services Compensation Scheme (FSCS).
Loans provided to borrowers through LandlordInvest are provided solely for business purposes. Loans are therefore not regulated by the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974. You should seek independent legal advice if you are in any doubt as to the consequences of the loan not being a regulated agreement under those Acts.
LandlordInvest Limited (Company No. 09245725), registered office 330 High Holborn, London, WC2A 1HL