Equity raise, Devon
The borrower is using the funds to release equity to purchase an additional investment property.
£93k
PRoduct type:
Residential Bridging
Amount funded
12 months
property:
Air BnB
exit:
Refinance
We completed this deal 12 working days from application! The borrowers are experienced property professionals. The property is a high-spec barn conversion house with five bedrooms and surrounding land. It's in great condition, with solar PV panels on the roof, south elevation, and battery storage for surplus electricity generated. The house is located in Devon, in a rural location, but within driving distance to local amenities in Tiverton and Exeter.
