Client’s circumstances: An HNW property investor was looking to refinance a loan which was used to extend the lease on one the client’s portfolio properties. The client had obtained a loan from another bridging lender but needed to raise more funds order to complete the refinancing.
LandlordInvest’s service: LandlordInvest provided, a 12 month £74,494 mezzanine loan, at 75.1% LTV.
The result: The client repaid the senior and mezzanine loans after selling one of their properties.
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