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October 11, 2023Bridging Loan and Refinancing for Development Project
October 15, 2023Refinancing Semi Commercial Properties Following Probate Issues
Refinancing Semi Commercial Properties Following Probate Issues.
Loan Value: £200,000
Location: Swansea, Wales
The Requirement:
A client was looking to refinance two semi commercial properties after dealing with probate issues following the death of their father.
The Interesting Stuff:
A challenging time for this client who needed to refinance two semi commercial properties, where the first charge on both was with a well-known high street bank.
This case was certainly one of empathy, having to deal with probate issues is never easy after family members pass away. We were able to secure the refinancing needed, which meant the client was able to release two other properties that the well-known high street bank had charges against. The client was able to raise further funds to develop their own GP practice.
How we helped:
By taking some of the stress away from the client and knowing how to help them, and most importantly where to put in the effort to make the case progress as smoothly as possible.
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