Asset purchase, Birmingham

The borrower is purchasing a block of 24 self-contained flats with associated parking to add to their growing portfolio.

Amount Funded:

£2m

PRoduct type:

Residential Bridging

Term:

12 months

property:

Block of 24 flats

exit:

Refinance

The borrower is a strong and experienced property professional who is purchasing another asset to add to their portfolio. They have experience in not only selling individual flats, but also building apartment blocks from the ground up. The block of flats is located in the Jewellery Quarter with artisan shops, cafes and cultural attractions.

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Amount funded

£1.5m

PRoduct type:

Residential Bridging

term

12 months

property:

Vacant care home

exit:

Refinance

Residential Bridging

View full case study

Amount funded

£114k

PRoduct type:

Residential Bridging

term

9 months

property:

Ground floor flat

exit:

Refinance

Residential Bridging

View full case study

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