Case studies: Full bridging product range across the South West, South Wales and The Midlands
This week we are focussing on the opportunities for property investors looking to expand portfolios or find the right projects in the South West, South Wales and The Midlands.
This is an area we have seen a lot of activity in recently, particularly for our bridging range as investors see the need for more housing, improved housing and good-quality rental properties in the region.
Here are some examples of deals we have funded with our bridging range.
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Torquay
A bridging loan to acquire a site and obtain planning to develop or sell with an uplift.
Loan amount: £456,000
LTV: 60%
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Taunton
Auction purchase to acquire the property for a three-month conversion and quick sale before moving on to the next project.
Loan amount: £99,450
LTV: 65%
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Undy
Purchase of a semi-detached house with Bridge-to-Let finance. The house required a light refurbishment prior to an exit for a five-year fixed Buy-to-Let with LendInvest.
Loan amount: £130,198
LTV: 50%
As part of our series introducing our regional BDMs we’re focusing on Nigel Robbins and the opportunities for property investment in South Wales, the South West and the Midlands. If you are looking to start your next property project in the region you can connect with Nigel on LinkedIn, email him at [email protected] or call him on: +44 (0)77 7108 7904
Get started on your next property project by visiting our property finance product page for details and instant quotes.