Loan size: £794,449
A high street lender reneged on a homeowner to-be’s mortgage after a criteria change, leaving a significant funding gap to purchase their dream property.
LendInvest stepped in providing the two young professionals a bridging loan in a matter of weeks, successfully securing the purchase of the property.
The borrowers have already sought a decision in principle via another high street lender to exit the bridging loan via a residential mortgage.
LendInvest plc is a public limited company registered in England and Wales (No. 8146929). Registered Office: 8 Mortimer Street, London, W1T 3JJ.
For borrowers, borrowing through LendInvest involves entering into a mortgage contract secured against property. Your property may be repossessed if you do not keep up repayments on your mortgage.
LendInvest Loans Limited is a company registered in England & Wales with Company No. 09971600.
LendInvest Loans Limited is authorised and regulated by the Financial Conduct Authority (FRN:737073). LendInvest Loans Limited is a wholly owned subsidiary of LendInvest plc.
Borrowing through LendInvest involves entering into a mortgage contract secured against property. Your property may be repossessed if you do not repay your mortgage in full.
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