CASE STUDIES

Bristol

Loan Amount: £900,000 

(drawn down in stages)

Term: 12 months

LTV: 65%

Borrower: Individual

Details:

1st Legal Charge 

Interest retained 

Security - Development site comprising 2 barn conversions in the process of being converted.  Funds used to repay existing lender and finish conversion.

Gloucester

Loan Amount: £473,100

Term: 12 months 

LTV: 63%

Borrower: Indvidual

Details:

1st Legal Charge 

Interest retained 

Farmer

Security - Agricultural land and buildings. Funds used to purchase agricultural land while probate was granted and estate sold.

London

Loan Amount: £470,000

Term: 12 months

LTV: 51%

Borrower: Limited Company

Interest retained

Security: Two buy to let properties. Funds used to purchase development site while buy to let refinancing completed

North Somerset

Loan Amount: £250,000

Term: 6 months 

LTV: 45%

Borrower: Limited Company

Details:

1st Legal Charge 

Interest serviced 

Property Developer 

Security - Former Police Station. Funds used to purchase property and amend planning to residential.

Somerset

Loan Amount: £1.2m

Term: 3 months 

LTV: 52%

Borrower: Limited Company

Details:

1st Legal Charge 

Interest retained 

Security - Golf academy and buy to let properties.  Loan advanced to purchase golf academy while bank funding was put in place.

Plymouth

Loan Amount: £90,000

Term: 12 months 

LTV: 55%

Borrower: Individual

Details:

1st Legal Charge 

Interest retained 

Property Developer 

Security - Dental practice in residential area.  Funds used to purchase property, borrower amended the planning to residential, refurbed the property to then sell.