Refinance of a mixed use building
A four-storey mid terrace, mixed use building arranged as three commercial units at ground level and 10 self-contained flats above. The Borrowers were made up of UK and international clients and highlights our ongoing commitment to providing overseas borrowers with limited credit history exposure to the UK property market.
The borrowers plan to exit the REIM Commercial Bridging loan via property sale.
Loan Size: £3,358,000
LTV: 75%
Charge Type: First Legal Charge
Term: 12 months
Location: London
If you have a similar case, please email full details to sales@reimcapital.com