Loan to an individual to raise capital for business purposes. Exit plan is to sell the property or refinance via a buy-to-let mortgage.
Loan to acquire commercial premises at auction with planning granted for offices and 9 flats. Exit is to develop and sell with enhanced planning or existing planning.
Purchase of a newly built residential flat for investment purposes. Exit strategy is to refinance with a mainstream buy-to-let loan.
Loan to an individual to purchase a new build buy-to-let property. Exit plan is to sell the property or refinance via a buy-to-let mortgage.
Refinance of the second charge of a buy-to-let flat. Exit strategy is to refinance with a mainstream buy-to-let loan.
Loan required to purchase another property secured against a leasehold flat until it was sold.
Loan to an individual secured against a residential flat. Exit plan is to sell the property or refinance via a buy-to-let mortgage.
Loan required to purchase a freehold commercial property with planning. Exit strategy is to refinance once enhanced planning is obtained.
2 individuals taking out a 2nd charge for business purposes. Exit strategy is to sell an investment property.
Loan to a company secured against a freehold mixed use development which is almost complete. Exit plan is to sell the 9 residential units and commercial units.
Purchase of a newly built residential flat for investment purposes. Exit strategy is to refinance with a mainstream buy-to-let loan.
Second charge on a buy-to-let property to release funds for business purposes. Exit strategy is to refinance with a mainstream buy-to-let loan.