Block Finance Manchester

10 Bedroom Block of Flats Refinance Greater Manchester

At NapeX Finance we thrive on specialist and complex cases.

Client Requirement:

Our client through their limited company required a refinance of a bridging loan. The bridging loan was used to convert the property to 10 flats repaying the loan outstanding releasing funds for further investment.

Property:

The property had been converted to a high standard with 10 self-contained flats all under 30 square meters.

The Interesting Stuff:

We helped our client source a loan at 75% of the investment value with the fee added above the loan on an interest only basis over a 5-year term.

For further information please click on the link https://napexfinance.co.uk/property-finance/portfolios-and-buy-to-let/ .

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Napex Finance Ltd is registered in England and Wales No. 11595149. Registered Office: 78 Loughborough Road, Quorn, Leicestershire, LE12 8DX All rights reserved. Napex Finance Ltd is authorised and regulated by the Finance Conduct Authority (FCA) No. 827051. The FCA does not regulate some mortgage contracts.