Bridging Loan for Semi-Commercial Property in London
Overview
A client required bridging finance to acquire a semi-commercial property in London, where they planned to convert the upper residential units for added value.
Key Loan Terms
Loan Amount:
£1,800,000
Loan-to-Value (LTV):
65%
Term:
12 months
Security:
Semi-Commercial Property, London
Purpose:
Purchase and Conversion
Completion Time:
Within 4 weeks
The Outcome
London Credit provided a tailored funding solution enabling the client to acquire and immediately commence the conversion works.
Client Testimonial
"The flexibility and support from London Credit were invaluable to our project."
