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When a property developer faced a tight deadline to secure financing for a prime plot of land, we came to the rescue, securing a deal in just 12 days.
After being given a 2-week deadline to secure financing by a vendor. Whilst other lenders where struggling to meet the deadline imposed, West One accepted the challenge
Their broker approached us to secure a bridging loan for £700,000 on the property. However, the LTV would be too high to secure the full amount using the land alone as security. So we had to get creative in structuring the deal.
Curious about how we made it happen? |
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After we completed the loan, the broker said, “Thank you for all your help in getting the deal over the line […] Very impressive work!”
Ready to place your next bridging deal with West One?
Submit your case and let’s see how we can get it over the line for your client. Email hello@westoneloans.co.uk or call 0333 123 4556 |