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.