Commercial finance for a buy to let portfolio bought at auction
The Scenario:
This case study involves a professional landlord looking to refinance their portfolio. There was a mixture of 26 houses and flats on one title which was bought at auction.The investor was looking to repay his bridging loan.
Our Solution:
Commercial Finance can be particularly useful in this kind of case as the lender can take a commercial approach to lending enabling the borrower to replay the short-term finance and converting to a long-term solution.
By choosing the correct lender, there is no fear of losing the investment which generates a good return as he had a short time to repay the finance arranged when he bought at auction.
Commercial lenders are prepared to look at all types of proposals, as long as they can meet the lending criteria, the rental income and the property value can be confirmed by an independent surveyor.
Using a commercial loan, the investor was able to buy at auction at a discounted price with the knowledge that there was a clear exit solution enabling them to move onto the next purchase.
James Palmer
Senior Associate
London
0203 900 4322
Have a similar situation? I specialize in development and commercial finance and can provide creative solutions for your property funding requirements.
Sam ONeill
Finance Broker
Bristol
0117 959 5094
Have a similar situation? I specialize in bridging finance and can provide creative solutions for your property funding requirements.
Sam Norris
Senior Finance Broker
London
0203 900 4322
Have a similar situation? I am a specialist in residential and investment property finance for UK and international clients. I look forward to hearing from you.
Robert Gibb
Senior Finance Broker
Bristol
0117 959 5094
Require mortgage or short term finance for residential or buy to let property (including HMOs and limited companies)? I have extensive experience on providing property finance solutions for UK and International clients.
Adam Arnott
Senior Associate
Bristol
0117 959 5094
Are you in a similar situation? I have extensive experience in advising clients on providing creative property finance solutions. I look forward to hearing from you.
Paul Adams
Senior Associate
Bristol Office
0117 959 5094
Have a similar situation? I have over 20 years experience in providing property finance solutions for UK and International clients. I look forward to hearing from you.