At NapeX Finance we thrive on specialist and complex cases.
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.
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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