Equity release for business purposes

Bridging loan | Second charge | Double-fronted | Chigwell

Client’s circumstances: The client, a professional landlord, was looking to release equity from one of his investment properties. The client had borrowed from LandlordInvest on several occasions and was familiar with LandlordInvest’s quick and efficient lending process. Given that the client was a repeat customer, LandlordInvest accepted a re-type of an old valuation report addressed to another lender.

LandlordInvest’s service: LandlordInvest arranged a 12 month, £75,758 second charge loan at an LTV of 70.4%.

The result: The client was able to use the released equity to restructure his property portfolio and repaid LanlordInvest’s loan half-way through the loan term after completing on a sale of another property

Investment through LandlordInvest involves lending to individuals and companies, so your investment can go down as well as up. Borrowing through LandlordInvest involves entering into a mortgage contract secured against a property as the borrower. Your property may be repossessed if you do not keep up repayments on your mortgage.

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 5 Chancery Lane, London, WC2A 1LG

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