Bridging Exit for Assisted Living HMO Property

Bridging Exit Provided for HMO Assisted Living Property

This particular client had originally used another broker to secure a bridging loan, they then went on to develop the property into a 6 Bed HMO to be used for Assisted Living purposes.

Unfortunately their original broker was unable to find a suitable lender to support the clients exit. We were able to secure a competitive, long term Buy to Let exit for our client with a lender that was comfortable with the Assisted Living corporate tenant.

We were able to complete within a tight deadline, saving the client further costs associated with the bridging loan.

  • Property initially purchased with Bridging Finance
  • Developed into a 6 Bed HMO property
  • Secured BTL exit with suitable Lender
  • Client secured a competitive fixed rate
  • Completed within a tight deadline
  • Rate 6.09% at 5 year fixed.

Get in touch with the experts

Unit 3, Mountview Court,
310 Friern Barnet Lane,
London N20 0LD

P: 020 3645 4322

Give us a call or send an email to book an appointment. We endeavour to answer all enquiries within 24 hours on business days.

We are open from 9:30 am — 6:30 pm week days.