Funding deals in the 11th hour
Funding deals in the 11th hour Like any field you will always encounter hurdles from factors outside of your control. This is no different in bridging finance, but thanks to the knowledge and expertise of our brilliant team, they always go the extra mile to provide a solution, which was exactly what happened in one […]
Hope lends 70 against valuation to secure surrey investment-property
Hope lends 70% against valuation to secure Surrey investment property FACILITY £3,433,000 LOAN TERM 6 months LTV 70% Situation The property in question was in receivership, and our investment client was looking for a quick turnaround by purchasing from the official receiver at undervalue for £3.379m against a valuation of £4.9m. He needed to complete […]
Fast bridge delivered to secure sale of desirable property
Fast bridge delivered to secure sale of desirable property FACILITY £86,619 LOAN TERM 12 months LTV 66% Situation In this scenario, the client was looking to purchase a two-bed semi-detached property in South Wales. The seller was already in a chain , meaning they were looking to sell the property as soon as possible. As […]
Completed. Revamped. Sold! Bridging loan secured to enable quick return on investment
Completed. Revamped. Sold! Bridging loan secured to enable quick return on investment FACILITY £116,293 LOAN TERM 6 months LTV 70% Situation The client was looking for a bridging loan to help purchase a residential property based in Nottingham and to fund the improvements required to bring it to the market for sale. Although the property […]
The outcome of outstanding relationships with broker, quantity surveyor and solicitor
The outcome of outstanding relationships with broker, quantity surveyor and solicitor FACILITY £1,665,544 LOAN TERM 12 months LTV 41% Situation At times, we are presented with cases which are tricky and require support from multiple parties to ensure we can achieve the outcome the client is looking for. This particular case was a heavy refurbishment […]
Heavy refurb plus complex ownership structure made simple
Heavy refurb plus complex ownership structure made simple FACILITY £1,980,000 LOAN TERM 12 months LTV 60% Situation From the outset we knew this would be a complex case, but that’s what we do best, so didn’t shy away. A relatively small old office building was the asset that the borrower planned to refurb in order […]
Tight timings and poor credit for a ‘straightforward’ residential purchase
Tight timings and poor credit for a ‘straightforward’ residential purchase FACILITY £902,500 LOAN TERM 12 months LTV 65% Situation On the surface this was a very straightforward purchase. A large residential property that the borrower planned to turn into an HMO after a small amount of refurbishment. As is so often the case, the borrower […]
Having a UK non-resident get their refinance underway
Having a UK non-resident get their refinance underway FACILITY £420,000 LOAN TERM 12 months LTV 75% Situation Many of the solutions we use to help clients achieve their goals are really just common sense – looking at the situation with clear eyes and communicating effectively with everyone involved. In this instance the client’s challenge was […]
80% LTV for medium & heavy refurbishment projects now available at Hope Capital
80% LTV for medium & heavy refurbishment projects now available at Hope Capital Specialist short-term lender, Hope Capital has announced it has rejuvenated its residential refurbishment offering by now providing up to 80% LTV to its brokers and borrowers. This brand-new offer enables borrowers to now receive c15% more funding on their Day 1 borrowings, […]