Client’s circumstances: The client, an operator of a children’s day nursery, needed to secure funding to purchase the property from where they were carrying out their activities in order to lower their rent and expand their business within the property. The senior lender that structured the transaction, reached out to LandlordInvest to provide the funding shortfall.
LandlordInvest’s service: LandlordInvest was within a short-term period able to provide a 12 month £65,963 mezzanine loan at a LTV of 76.2%.
The result: The clients were able to purchase the property and substantially lowered their rent. The 12 month loan term gave the client plenty of time to refinance with a high street bank.
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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
