
Property Investment of Georgian Mansion and Estate
October 10, 2023
Refinance and Bridging Finance
October 10, 2023Digital Valuation and Buy-To-Let
Digital Valuation and Digital Buy-To-Let Process for Quick Completion
Loan Value: £200,000
Location: Leicester
The Requirement:
An experienced client found a property being sold below market value that they wanted to include in their Buy-To-Let portfolio, however the property needed to be sold very quickly so everything was needed at pace.
The Interesting Stuff:
This was a mid-terraced property in Leicester, that was being sold below market value due to the property owner requiring an urgent need to sell. Our client saw this as a great opportunity, as all they needed to do was undertake a light cosmetic refurbishment, and be able to let it out to a tenant.
With a very tight timeframe, we were able to work closely with the client who we knew very well, and work towards a digital buy-to-let request that had a virtual valuation. This involved a specialist legal process to allow the purchase to occur quickly. Funds were provided from start to finish, within 4 weeks.
How we helped:
At NapeX Finance we thrive on specialist cases and this was was a great opportunity not to be missed. With our existing relationship and understanding of the client, we were able to work quickly for them, and use the digital process to secure the property sale.
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