July 7, 2020
Case study: 8-day auction finance
Client: Property developer purchasing at auction for the first time Location: Sunderland Request: Borrower needed quick finance for an auction purchase Loan total: £100,100 LTV: 57% ————- An experienced property developer approached us in June for quick finance for an auction property in Sunderland they had purchased. He needed £100,000 to secure the purchase of...